POPA Recon✖️Some bear market thoughts on crypto source
✖️Some bear market thoughts on crypto source 1. The market is currently devoid of purchases. - Most people have sold, but there is no new money. - If the funds that went to AI are not returned, the sideways trend may be prolonged. 2. Crypto VC ecosystem is virtually paralyzed - Exit blocked due to overinvestment in infrastructure in 2023 - It is impossible for early-stage teams without traction or strong startup history to attract investment. - Project closures and hiring reductions are progressing rapidly. 3. In the end, it was only the financial market that found PMF. - Memecoin/spot, per…
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