The DeFi Sector Projected to Powerfully Recover in the New Interest Rate Cycle
Publication Time:2024-08-13 19:07:06
Arthur Cheong, the founder and CEO of DeFiance Capital, shared his insights on the future outlook for the DeFi sector in the market through his social media platform. He posits that, as one of the most market-oriented segments within the cryptocurrency domain, the DeFi sector's recent performance in terms of global cryptocurrency total market value has reached its lowest point in three years. However, Cheong anticipates that this situation will bottom out in the coming months and experience significant growth and recovery when the new interest rate cycle commences. This forecast is grounded in an understanding of the close relationship between the DeFi sector, market trends, user demands, and technological innovation, underscoring its potential and resilience in the upcoming market.
Cryptocurrency
Market recovery
DeFiance Capital
DeFi sector
new interest rate cycle