.pythianism shares his take on top DeFis of the next rally: What makes them different from 2020 'blue-chips'? $UNI $AAVE $YFI $SUSHI $YFII $MKR
Such tricks by marketers will not work in the upcoming cryptocurrency cycle, Spencer foresees. Today, the cryptocurrency segment is about real cash flows and large markets.As many"queens for a day" are simply not there any longer, VCs will not be interested in funding arrays of"new-gen" blue-chip DeFis. This will result in consolidation: Only the strongest players will be able to attract liquidity and accomplish well-balanced tokenomics.
In some regards, this consolidation can lead to the emergence of the"FAANG of DeFi." Top DeFis will achieve the dominance Facebook, Amazon, Apple, Netflix and Google created in the Web2 digital world. As covered by U.Today previously, Vance Spencer predicts the approval of Bitcoin ETFs by the end of 2023.
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