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BCH $207.47 -5.93%
LINK $7.95 +2.43%
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AAVE $62.46 +0.45%
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XLM $0.2001 +0.23%
ZEC $447.65 +4.93%

DeFiance founder: Many investors are still taking a wait-and-see approach to DeFi tokens, while we are waiting to increase our positions during the pullback

2024-12-07 17:11:37
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ChainCatcher news, DeFiance Capital founder and CEO Arthur Cheong posted on social media, "Many investors are still taking a wait-and-see approach to DeFi, believing that the growth of DeFi is not as fast/strong as other areas (such as meme coins or AI).

However, most mechanisms of DeFi are actually built with reflexivity in the protocols.

Quite a few DeFi tokens have risen 5 times from the lows in September, with sufficient liquidity for anyone to invest large amounts.

I genuinely believe we are just getting started, and the upcoming trend may rise, and we are waiting to increase our positions during the pullbacks."

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