market situation
The founder of DeFiance Capital has stated that the current market conditions are reminiscent of late 2018, emphasizing the importance of survival in this environment. He noted that investors should focus on resilience during these challenging times. The founder highlighted that the market’s volatility requires participants to adapt quickly to changing circumstances. He also pointed out that strategic decision-making is crucial for navigating the current landscape, as many projects face significant hurdles.
Survival, according to him, is paramount for those involved in the decentralized finance sector. He believes that only the strongest projects will endure through this period of uncertainty. The founder’s insights reflect a broader sentiment within the industry, where many are preparing for a prolonged downturn.
He urged stakeholders to remain vigilant and prioritize long-term sustainability over short-term gains. This approach, he argues, will help ensure that projects can weather the storm and emerge stronger when market conditions improve. The emphasis on survival and adaptability is a call to action for all participants in the decentralized finance space.
