Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

DeFiance Capital founder: The market will favor crypto projects with proven product-market fit and resilience over multiple cycles

Odaily2024/07/06 12:18
By:Odaily
Odaily News Arthur Cheong, founder and CEO of DeFiance Capital, said in an article on X that the market may turn to favor crypto projects that have proven their product-market fit (PMF) and resilience over multiple market cycles. These projects may be re-rated with higher market capitalizations, while those with low circulation, high market capitalization (FDV), and continued hype will have little effect. Some of these companies are cheaply valued and have even become more dominant in the past few years. Eventually, their P/E ratios will no longer be less than 20 times.
0

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.

You may also like

Decentralized Finance Giant Compound Finance's Frontend Compromised, Hosting Phishing Site

Cointime2024/07/11 12:14

QCP Capital report says bitcoin option traders anticipate near-term volatility

The increased front-end volatility in bitcoin options coupled with risk reversals may imply that derivatives traders are anticipating volatility and possible upward price movements in the near future, QCP Capital analysts claimed.

The Block2024/07/11 12:04

14,815 ETH transferred from unknown wallet to OKEx, worth $46,626,404

Cointime2024/07/11 11:40

Pyth Network launches ‘Express Relay’ service aiming to eliminate MEV

Quick Take Oracle solution Pyth Network has launched Express Relay, designed to connect leading trading firms to DeFi protocols. Pyth Network claims the solution eliminates maximal extractable value (MEV), saving money for protocols and DeFi users.

The Block2024/07/11 11:34

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
10048.2%
ROI
Total profit $51245.84
WhaleGo_YouTube
WhaleGo_YouTube
insight500/500
1338.92%
ROI
Total profit $3887.72

Bot copy trading

More
Morgee
Morgee
insight80/150
$17427.36
Total profit
Total subscriber profits $-223.07
GoldenEgg
GoldenEgg
insight149/150
$3416.37
Total profit
Total subscriber profits $-284.87