From www.superreview.com.au: John Pearce, the CIO of UniSuper, has labelled the recent crypto rally as a “sign of irrational exuberance” and asserting that the fund’s members’ savings would not be invested in such assets.

He highlighted concerns about the nature of meme coins, mentioning that even Dogecoin was created as a joke.

UniSuper maintains its stance of not including cryptocurrencies in its investment options, unlike some of its peers, which are exploring blockchain technology.