Dragonfly Managing Partner: Every cycle, founders chase "hot money," and this cycle is about bringing tokens into the stock market
ChainCatcher news, Dragonfly managing partner Haseeb Qureshi tweeted, "In every cycle, founders chase hot money. In the last cycle, this meant issuing tokens. The crypto capital market is booming. In this cycle, it will bring tokens to the stock market (like financial companies). But hot money never stops, I estimate this heat will take another year or two to fade."
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