The value of Solana, a cryptocurrency platform that provides an alternative to Ethereum, has grown by more than 6,000% since January 2021
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Etienne vantKruys, a globe-trotting cryptocurrency investor from Amsterdam, was hunting for a new investment two summers ago when he met some early backers of Luna, a digital coin that offers a framework for decentralized finance. Impressed by their commitment to the project, he bought $25,000 of Luna for 20 to 35 cents a coin.
These days, despite a recent fall in cryptocurrency prices, the value of a Luna coin is up to around $50. VantKruys’ original investment? It’s now worth about $5 million on paper.
“Dude, man,” he said on a recent call, “we’re in some happy country.”
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