Cript’s lack of ‘Frothy Conse Comfer’ ‘Good sign: Vistutree Ekec

Jason Guthrie, Head of Product Heads Visdomtree, says it is optimistic despite the noticeable lack of a hype that usually comes with the crypt Bull.

There was no “really frotfi use of use previously deteriorated by these market cycles”, such as Home Offer of coins (ICOS), non-fungal tokens (NFTS) or DEFT lending, Guthrie said Concelegraph in consensus.

“This time we continued to see the value of assets, we continued to see companies, growing client, continuing to innovate without hanging their hat on one of these honest cases,” he said.

ICO BOOM Started in 2017 years with about $ 4.9 billion erected. By 2018, this figure jumped to $ 33.4 billion. By 2019, it fell to a slightly more than 370 million dollars and never returned to their previous high heights.

NRTs also had their day and saw a huge increase in popularity in 2020. years and continued to grow until it hits the peak in 2022. Years Trading volume reaches 57.2 billion dollars And counting sales on the market when he hit 121.7 million. The market has also cooled down.

“I think the fact is that we are still healthy without and those who drive it really, really a good sign,” Gutrie said.

Market is mature this cycle, despite Memecoin Hype

The total crypto market capitalization hit with a new top of 3.71 trillion in the amount of $ 9,000, last year, with many cryptocurries, also register significant price gains, toward to coinmarketcap.

There is also there during this cycle was a growing trend of a companysuch as Video Games Trade Store Gamestop Corporation, and countries, Ukraine may be one of the no later than, Adoption of the CRIPT for cash registers and reserves.