Gate Founder Dr. Han: What Should We Do to Return to a Bull Market? On February 11, Gate Founder and CEO Dr. Han stated in a speech that.based on actual data, we are indeed currently in a bear market. The total market value of the crypto space has fallen from $4 trillion last year to about $2.4 trillion, and Bitcoin's price, which once topped $120,000 before October 10, has since dropped sharply, causing user interest and attention to fall. Regarding the next breakout for the crypto space, Lin Han believes that crypto payment cards are growing extremely fast, and he is also bullish on the RWA and TradeFi sectors. He stated that, aside from stablecoins, the assets under management (AUM) of on-chain tokenized gold, silver, commodities, forex, and stocks are also growing rapidly.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments