Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitget CEO Gracy: Consensus in the crypto industry is becoming more conservative, and the current market is in a phase of correction and consolidation.

Bitget CEO Gracy: Consensus in the crypto industry is becoming more conservative, and the current market is in a phase of correction and consolidation.

Chaincatcher2025/10/23 13:58

ChainCatcher News, Bitget CEO Gracy posted on X stating that after recent discussions with several leading market makers and VCs, the industry consensus has become more conservative. She pointed out that the current risk-reward ratio for retail investors in altcoins is extremely poor, VC funds have largely withdrawn from the Web3 primary market, and only infrastructure projects with real resources such as stablecoins, RWA, and payments still hold value, but most of these projects will not issue tokens. She also believes that the DAT bubble is bursting, long-tail projects lack real buying interest, and recent financing is mostly in the form of "token-for-equity" swaps, with investors generally facing high risks. Gracy further stated that after the 1011 black swan event, market trading volume dropped by 20%-40%, several market makers suffered heavy losses, and the current market is in a phase of recovery and consolidation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Quai Network launches SOAP mining mechanism
ForesightNews2025/10/24 16:05

Trending news

More
1
Quai Network launches SOAP mining mechanism
2
Swiss bitcoin investment app Relai obtains MiCA license from the French Financial Markets Authority

Crypto prices

More
Bitcoin
Bitcoin
BTC
$110,293.26
+0.33%
Ethereum
Ethereum
ETH
$3,882.49
+0.07%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,101.7
-2.69%
XRP
XRP
XRP
$2.48
+3.19%
Solana
Solana
SOL
$190.05
-0.61%
USDC
USDC
USDC
$1
-0.01%
Dogecoin
Dogecoin
DOGE
$0.1950
-0.19%
TRON
TRON
TRX
$0.3051
-2.75%
Cardano
Cardano
ADA
$0.6457
+0.38%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter