DWF Founder: Cryptocurrency Market Has Almost Reached a "Bottom," Behind-the-Scenes M&A Activity Is Very Active
BlockBeats News, February 5th, DWF Labs founder Andrei Grachev stated in a post, "I believe the crypto market is now close to the bottom, with around a 15% possible fluctuation in Bitcoin's price. This does not mean it can only go up afterwards, but it will drive more funds into the market.
Despite professional investors still deploying funds, especially into RWA (real-world assets) and projects with a 'large-scale and bold vision,' there is almost no direct market buy-in. In my view, making a new project take off and attract attention is much easier than reviving and pushing an old project. This is also why I believe most altcoins will rise after this bear market cycle, except for those that truly have practical business and commercial development projects—they will naturally rise with the overall market's future growth."
Retail-driven volume, or so-called fool's trading, is currently mainly flowing into PumpFun, with some flowing to Polymarket, but the world will not change because of this. When the market starts to recover and prices start to rise, these people will follow suit, buying what whales are buying now, along with the new tokens I mentioned earlier.
Behind-the-scenes M&A activity is very active, with many projects and companies being acquired, and some companies with at least some revenue are planning to go public. Because the long-term growth of the crypto industry is not a problem, it's just a matter of time; the problem lies in survival rate."
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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