DWF Founder: The crypto market is close to "bottoming out," with behind-the-scenes M&A activity being very active

BTC0,08%
RWA-2,1%

BlockBeats News, February 5 — DWF Labs founder Andrei Grachev posted, "I believe the crypto market is now approaching the bottom, with Bitcoin prices possibly fluctuating around another 15%. This doesn’t mean prices can only go up afterward, but it will drive more capital into the market.

Although professional investors are still deploying funds, especially into RWA (Real World Assets) and projects with ‘large-scale and bold visions,’ there is almost no capital flowing into the market through direct purchases. In my view, making a new project popular and attracting attention is much easier than reviving and pushing old projects. That’s also why I believe most altcoins will rise after this bear market, except for those with real business operations and business expansion — they will be naturally driven up by the overall market’s future growth.

Retail-driven trading volume, or fool’s trading, is currently mainly flowing into PumpFun, with some going to Polymarket, but the world won’t change because of this. When the market begins to recover and prices start to rise, these people will follow suit, buying what whales are currently buying, as well as the new tokens I mentioned earlier.

Behind-the-scenes M&A activity is very active, with many projects and companies being acquired, and some companies with at least some revenue planning to go public. Because long-term growth in the crypto industry is not an issue, only a matter of time; the real issue is survival."

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Peter Brandt, Polymarket traders don’t see new Bitcoin highs this year

It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also

Cointelegraph28m ago

Bitcoin’s Most Dangerous Pattern Just Triggered: Will BTC Dump to $26K Next?

Although bitcoin has already dumped by over 50% from its all-time high of over $126,000 marked in October to a multi-year low of $60,000, the asset’s troubles might not be over, warned Merlijn The Trader. The popular analyst indicated that the “most dangerous bitcoin pattern just completed phase

CryptoPotato29m ago

Chainalysis: Organizations linked to Russia and Iran use cryptocurrencies to buy military drones, and pro-Russian groups raise more than $8.3 million

Chainalysis reports that low-cost commercial drones have become a core tool in modern conflicts, and that Russian and Iranian organizations use cryptocurrency to fund drone procurement. Since 2022, pro-Russia groups have raised more than $8.3 million in donations, most of which were used in stablecoins. Iran’s Ministry of Defense has also accepted cryptocurrency payments for weapons.

GateNews30m ago

Bitcoin falls below 67,000 USDT, down 1.46% intraday

Gate News message, on March 31, according to market data, Bitcoin fell below 67,000 USDT, and is currently at 66,974.88 USDT, with a daily decline of 1.46%.

GateNews31m ago

Bitcoin Death Cross Signals Final Capitulation Phase as Analyst Maps Macro Bottom Zones

_Bitcoin death cross signals late-stage capitulation, with $30K–$40K range emerging as potential macro bottom zone._ After another major sell-off, Bitcoin traders are watching a specific technical event on the 3-day chart for clues about the next macro bottom. Analyst Ali Martinez points to a

LiveBTCNews32m ago

Bitcoin, Ether ETFs Hit by $503 Million Exodus as Selling Intensifies

Crypto exchange-traded funds (ETFs) faced a difficult week, with bitcoin and ether posting heavy outflows. Smaller assets showed mixed resilience, with XRP attracting modest inflows. Crypto ETFs Slide as Bitcoin, Ether Post Heavy Weekly Losses The last full trading week of March began with

Coinpedia58m ago
Comment
0/400
No comments