DeFiance Founder: Many investors are still watching DeFi tokens, and we are waiting for a pullback to increase our position
On December 7, Arthur Cheong, founder and CEO of DeFiance Capital, posted on social media saying, "Many investors are still watching DeFi. They think the growth of DeFi is not as fast/strong as other areas (such as Meme coins or AI).
However, most mechanisms of DeFi actually have reflexivity built into the protocol.
Quite a lot of DeFi tokens have risen fivefold from their lows in September with sufficient liquidity that anyone can invest large amounts of money.
I sincerely believe we're just getting started. The trend may rise next and we are waiting to add positions during the pullback."
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
Jia Yin Technology (JFIN.US) released its Q2 financial report, with cash and equivalents significantly increasing to 504 millions yuan.
Amid ongoing implementation of industry policies, Jiayin Tech has adapted to changing circumstances by accelerating strategic adjustments to its business structure, continuously optimizing its client base and business structure in areas such as customer acquisition, risk control, and operations. By the end of Q2, the company's cash and cash equivalents had risen significantly to 504 million RMB, strengthening its ability to weather industry cycles and ensuring solid development in the future.
Front Ventures appoints London-based finance professional Anders Pals as strategic adviser
Belpointe PREP sets June 30, 2026 NAV at $455.01 million, or $116.37 per Class A unit
Crypto prices
More
