Is crypto quiet quitting? With Ikigai CIO Travis Kling

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The Block2024/09/24 16:00

By:The Block

Quick Take Ikigai CIO Travis Kling discusses how crypto’s lack of real-world adoption is causing market veterans to question the industry’s future.

Episode 6 of The Crypto Beat was recorded with The Block's Editor-In-Chief Tim Copeland and Ikigai CIO Travis Kling.

Listen below, and subscribe to The Crypto Beat on YouTube , Apple , Spotify , Twitch or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Ikigai CIO Travis Kling joined Tim Copeland to discuss how crypto's lack of real-world adoption is causing market veterans to question the industry's future.

OUTLINE
00:00 Introduction
00:38 Is crypto “quiet quitting”?
08:24 Burnout
13:27 Where’s the meta?
20:30 Greed over tech
25:55 Main character avoidant syndrome
26:40 Trump to the rescue
37:40 Debate/election thoughts
42:01 World Liberty Financial
45:53 Crypto contributions to Kamala’s PAC
47:14 Closing thoughts

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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.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14