His biggest angel investment yet goes to Backpack
On October 10, Multicoin co-founder Kyle Samani confirmed on X that his largest-ever single angel investment went to Backpack. He had already joined the Backpack US board on September 2.
He previously made his biggest gains in a cycle on Solana. This time, he’s putting both his money and a board seat behind a company that combines a wallet and an exchange. Projects serving as gateways to the Solana ecosystem are once again attracting top-tier funding. Copycat capital will look at SOL first, then DEXs and infrastructure.
For those of you holding SOL, what’s your cost basis? Would you dare to add to your position at this level?
On October 10, Multicoin co-founder Kyle Samani confirmed on X that his largest-ever single angel investment went to Backpack. He had already joined the Backpack US board on September 2.
He previously made his biggest gains in a cycle on Solana. This time, he’s putting both his money and a board seat behind a company that combines a wallet and an exchange. Projects serving as gateways to the Solana ecosystem are once again attracting top-tier funding. Copycat capital will look at SOL first, then DEXs and infrastructure.
For those of you holding SOL, what’s your cost basis? Would you dare to add to your position at this level?