Analyst: Altcoins Need to Enter a "Substantial Bull Market" to Avoid Venture Capital Funding Shortage
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September 13, 2024
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Reflexivity Research co-founder Will Clemente posted on X that crypto projects will receive less funding unless there's a "real bull market" in altcoins, which would lead to a lower valuation for the entire altcoin market. A crypto analyst stated that for crypto projects to continue receiving large amounts of venture capital, the altcoin market needs to experience a significant rebound. (Cointelegraph)
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