Is 2025 Worse Than 2022 for Crypto? Nic Carter and Kevin McCordic Offer Differing Views
On Nov. 14, Kevin McCordic of Monad and investor Nic Carter offered opposing reads on crypto’s 2025 slump, splitting over whether it’s routine consolidation or a catalyst-light grind.
McCordic, director of growth at Monad Foundation who goes by “intern” on X, argued that today’s jitters are modest compared with 2022, when credit lenders failed, exchanges imploded and cascading liquidations hit tokens. He cast the drawdown as uncomfortable but typical consolidation after crisis and said crypto is embedded in global finance and “things are going to be ok.”
Carter, a general partner at Castle Island Ventures and cofounder of Coin Metrics, countered that 2025 feels “worse” because crypto is no longer “the star of the…
