Is The Crypto Market In Crisis?
The crypto market is showing signs of improvement, with the total market cap recently surpassing $3 trillion. This recovery suggests growing confidence among investors.
However, the grim reality is that just as many tokens listed this year have also died due to a lack of sustainable growth methods.
Venture Capitalists To The Blame?
The Venture Capitalists are essentially killing the crypto space as they opt to fund new and emerging crypto products just for the sake of making profits off of them. While this may not seem immediately harmful, it impacts the industry’s long-term viability. David Phelps of JokerRace explained how VCs operate in crypto:
“Normally, VC money comes from the top for a few years while…
