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SkyBridge Capital Initiates Fund for ALGO Coin

SkyBridge Capital has launched a new fund for ALGO Coin, signaling its confidence in the altcoin market. The fund has successfully raised $100 million and has a cap set at $250 million. SkyBridge manages around $700 million in various cryptocurrencies, and this move is seen as an effort to bolster the altcoin market and attract more investors. This initiative could potentially foster growth in the cryptocurrency sector.

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