DeFiance Capital CEO: The crypto market may enter a mature stage, and most altcoins may not have investment value
DeFiance Capital founder and CEO Arthur Cheong stated on his social media platform that "the crypto market is likely maturing, and we will not see the complex and drastic fluctuations of 70-80% every two years, but rather a complex and long-term growth similar to the SP 500 index after the global financial crisis in 2008. Apart from the crash caused by the COVID-19 pandemic in 2020, the US stock market has either remained steady or gradually risen, and predictions of bear markets have been proven wrong each time. However, returns have become increasingly concentrated in large-cap and mega-cap stocks, while value stocks and small-cap stocks have long been overlooked. If similar situations arise, most altcoins will not be investable, but certain altcoins will bring astonishing returns. We hope to see results similar to Nvidia every few years, while most altcoins may be disappointing."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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