Founder of DeFiance Capital: The crypto market may be entering a mature phase, and most altcoins have no investment value
ChainCatcher news, DeFiance Capital founder and CEO Arthur Cheong stated on social media, "The crypto market is very likely maturing, and we won't see complex and drastic fluctuations of 70-80% drops every two years, but rather a complex long-term growth similar to what the S&P 500 experienced after the 2008 global financial crisis.
Aside from the crash triggered by the COVID-19 pandemic in 2020, the U.S. stock market has either remained flat or gradually risen, with each bear market prediction proving to be wrong, but returns have increasingly concentrated in large-cap and mega-cap stocks, while value stocks and small-cap stocks have long been out of favor.
If a similar situation arises, most altcoins are uninvestable, but certain altcoins will deliver astonishing returns, hoping that every few years we can see results similar to Nvidia, while most altcoins may be disappointing."
