Dan Morehead names three promising altcoins backed by Pantera Capital
Dan Morehead investments
Billionaire and Pantera Capital founder Dan Morehead has shared his predictions for the future of cryptocurrencies in 2025. He anticipates a significant surge in the crypto market and highlighted three altcoins he is betting on.
As Morehead stated during a CNBC interview, 2025 could become a turning point for the crypto industry. The entrepreneur is confident that regulatory improvements will simplify market access for major institutional investors. Currently, institutional involvement in crypto assets is limited, but the establishment of clear rules could unlock massive capital inflows, potentially driving Bitcoin's price to unprecedented levels—possibly as high as $1 million.
The United States currently holds about 1% of the global BTC supply. Morehead suggested increasing these reserves, viewing Bitcoin as a valuable asset in the digital age, akin to gold’s role over the centuries.
While Bitcoin remains a key focus, Morehead is also making significant investments in several promising altcoins. Pantera Capital has substantial stakes in TON, Solana, and ONDO, which Morehead believes have immense growth potential ahead of the next bull market.
Who is Dan Morehead?
Dan Morehead is one of the most prominent entrepreneurs in the cryptocurrency and investment world. He is the founder and CEO of Pantera Capital, one of the first investment firms focused exclusively on digital assets and blockchain technology.
With extensive experience in financial markets, including leadership roles at companies like Goldman Sachs and Tiger Management, Morehead has been a pioneer in introducing cryptocurrencies to institutional investors. He actively participates in discussions about crypto regulations, emphasizing the importance of clear rules for attracting institutional capital to the sector.
Pantera Capital’s crypto fund recorded a 66% growth in the first quarter of 2024.
