DeFiance Founder: Many investors are still on the fence about DeFi tokens
PANews reported on December 7th that Arthur Cheong, the founder and CEO of DeFiance Capital, stated on platform X, "Many investors are still watching DeFi. They think the growth of DeFi is not as fast/strong as other areas (such as Meme coins or AI). However, most mechanisms of DeFi actually have reflexivity built into the protocol. Quite a few DeFi tokens have risen fivefold from their lows in September with sufficient liquidity for anyone to invest large amounts of money. I believe we are just getting started and the trend may rise next, and we are waiting to add positions during pullbacks."
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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