Dragonfly Managing Partner: In Every Cycle, Founders Chase "Hot Money"—This Cycle Is About Bringing Tokens to the Stock Market
According to ChainCatcher, Dragonfly Managing Partner Haseeb Qureshi tweeted, "In every cycle, founders chase hot money. In the last cycle, this meant issuing tokens. The crypto capital markets were booming. In this cycle, it will bring tokens into the stock market (just like financial firms). But hot money never stops, and I estimate this frenzy will take another year or two to subside."
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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