By Polkadot has risen over 1200% since trading started in September 2020, and it is now the eight largest altcoin in terms of market cap.
Greg King, CEO and Founder of Osprey Funds, recently launched the Osprey Polkadot Trust, a Polkadot coin-based fund for private placement.
Speaking to Kitco anchor David Lin, King said one of the reasons for the dramatic rise in Polkadot’s value was due to the ‘alt season’, a time when altcoins outperform larger cryptocurrencies. , like Bitcoin, during a bullish rally.