Crypto funding dropped nearly 30% in August despite solid project growth. Some termed it as a bearish signal with VCs holding back in expectation of weaker markets conditions. On the flip side, some said it’s bullish given that reduced funding often results to weaker projects wiped out while the stronger ones are left to be supported further.
Is it safe to say this slowdown is just part of the cycle setting up for the next rally or this is an early bearish signal that capital is shifting elsewhere, I mean to other narratives like AI and RWAs ?
Is it safe to say this slowdown is just part of the cycle setting up for the next rally or this is an early bearish signal that capital is shifting elsewhere, I mean to other narratives like AI and RWAs ?