How Ponzi VCs Are Strangling Web3: A Critical Analysis of Crypto Funding and Exit Liquidity Risks | Flash News Detail
The cryptocurrency market is navigating a period of profound cognitive dissonance. On one hand, prices show a degree of resilience, with assets like Ethereum (ETH) and Solana (SOL) posting modest gains. ETHUSDT is currently trading around $2,549.69, marking a 1.39% increase, while SOLUSDT has climbed 1.95% to $150.83. This surface-level stability, however, masks a deeper ideological battle that pits the foundational cypherpunk ethos of crypto against a rising tide of venture capital practices that prioritize rapid exits over sustainable innovation.
This tension is creating a volatile undercurrent for traders. While established assets see consistent volume—ETHUSDT saw 119.24 in 24-hour volume and XRPUSDT…