Bankless Founder Says 2017-Era Bitcoin Clones Are Regaining Attention

Bankless founder David Hoffman said a group of tokens he described as 2017-era Bitcoin (BTC) clones has regained attention, as PRL and QTC recorded sharp gains. PRL rose 30% this week, reaching a fully diluted valuation of about $4.2 billion. QTC climbed 300% this month and was valued at about $1.8 billion. The two percentage changes span different periods: one week for PRL and one month for QTC. QTC has a total supply of 21 million tokens. Hoffman said tokens with a fixed 21 million supply cap merit attention and may reach valuations in the billions.