Altcoin Portfolio Update ᭫ᩴ ❣⃤🔜∜∜∜ _🕳 Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (“Graph” or the “Company”) is pleased to announce the Company has seen a significant increase in value of its altcoin portfolio since the acquisition of its first two altcoins on March 10, 2021. The Company recently acquired XTZ as our fourth coin and as a result of a well-timed buy saw our investment increase over 17% on the first day. The best performing investment has been LINK which is up over 45% since we acquired it while ADA is up over 30%. Our investment in DOT has been flat on a per coin price basis.
While our purchase price of DOT is flat, we are very bullish on the prospects for DOT. We expect that announcements around Parachains (protocols which will run on DOT) could be a significant catalyst for price increases. We may even begin to hear something as early as May 19th at Polkadot Decoded, the virtual conference on all things Polkadot.
The Company continues to examine various coins and expect to make additional announcements this quarter as we believe this remains a great time to add to our positions.
The Company is extremely pleased with the progress we have made so far with the appreciation of our portfolio in less than 60 days. The Graph team is knowledgeable, have an incredible perspective on the cryptocurrency market and are focused on growing the value of the portfolio.