According to 【Bitpush】, Haseeb Qureshi, Managing Partner at Dragonfly, stated, “In every cycle, founders chase hot money. In the last cycle, this meant the issuance of tokens. The encryption capital market is booming. In this cycle, it will bring tokens into the stock market (like financial companies). But hot money never stops, I estimate this heat will take another year or two to fade.”
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Dragonfly Partners: Founders Chase Hot Money, Encryption Hype May Last for a Year or Two
According to 【Bitpush】, Haseeb Qureshi, Managing Partner at Dragonfly, stated, “In every cycle, founders chase hot money. In the last cycle, this meant the issuance of tokens. The encryption capital market is booming. In this cycle, it will bring tokens into the stock market (like financial companies). But hot money never stops, I estimate this heat will take another year or two to fade.”