Bankless co-founder liquidates ETH and rotates into 5 altcoins, all significantly outperforming ETH

BlockBeats news, September 18: Bankless co-founder David Hoffman announced on May 21 that he had liquidated all his ETH, subsequently buying VVV, NEAR, ZEC, HYPE, and LIT, and disclosed some entry prices: "NEAR at approximately $1.40, HYPE at approximately $45, ZEC at approximately $560, LIT at approximately $1.35." According to HTX market data, the current prices of the relevant assets and their performance calculated based on the disclosed entry prices are as follows:

LIT is now at $5.02, up about 272% from the entry price; ZEC is now at $1,512.42, up about 170% from the entry price; NEAR is now at $3.49, up about 149% from the entry price; HYPE is now at $86.51, up about 92% from the entry price.

Hoffman did not disclose the specific entry price for VVV. If estimated using the May 21 price of $15.99, VVV is now at $25.27, a gain of about 58%; over the same period, ETH rose from about $2,127.47 to $2,473.23, a gain of about 16%. The five altcoins Hoffman previously allocated to have all significantly outperformed ETH over the same period.