Bitwise CEO Says Crypto Market Repeating Internet Bubble Pattern, Top Projects May Exceed Expectations

According to Odaily, Bitwise CEO Hunter Horsley recently said on X that the crypto market is currently undergoing a similar transformation to the internet bubble era of the 1990s. During that period, hundreds of companies received valuations of $500 million to $1 billion based on future potential, but after the bubble burst, the market refocused on enterprises with proven value and viable business models. Horsley noted that the winning internet companies achieved sustained growth through verifiable results, with development cycles and scale far exceeding market expectations from the bubble period. He believes that in crypto, the number of projects that emerge as winners may decline, but the top projects with genuine value will likely grow to a scale and duration far beyond most market participants' current expectations.
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LandscapeViewvip
· 1h ago
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