Interested parties (Smart money)
07/05/2024
In this guide, we explain why it is important to study interested parties when choosing an altcoin to buy
Interested parties (Smart money) are those who want to profit from investments or gain other benefits from a specific crypto project.
Interested parties include:
- Funds;
- Business angels;
- Whales and smart traders accumulating specific cryptocurrencies.
1) Funds and Business Angels.
It is important to understand which investors and in what quantity have supported the technology. For example, if Tier 1 funds such as Electric Capital, Jump Crypto, A16z (Andreessen Horowitz), etc., have shown interest in the project, then it can be confidently stated that the instrument has caught their attention and they see value in it.
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