DeFiance founder: Many investors are still taking a wait-and-see attitude towards DeFi tokens, and we are waiting for a pullback to add positions
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2024-12-07 17:32 8,465
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Golden Finance reported that Arthur Cheong, founder and CEO of DeFiance Capital, posted on social media that many investors still maintain a wait-and-see attitude towards DeFi. They believe that the growth of DeFi is not as fast/strong as other fields (such as Meme coins or AI).
However, most mechanisms of DeFi actually have reflexivity built into the protocol.
Quite a few DeFi tokens are up 5x from their September lows, and there is enough liquidity that anyone can invest a lot of money.
I really think we are just getting started, the next move is likely to be higher, and we are waiting to add to the position on the pullback.