Crypto Is In For A Long, Hot IPO Summer
In this photo illustration, an IPO (Initial public offering) words are seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
Investors who were already allocating to the crypto market in the previous bull run will vividly remember the stratospheric rise of altcoins during the DeFi summer of 2021. Triple-digit percentage returns were almost the norm, and the total market capitalization of digital assets soared from around $200 billion in January 2020 to just over $3 trillion by November 2021, which ultimately marked the top of the cycle.
Almost four years later, we are back in the latter stages of a bull run – but this time, things are quite…
