Kling

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-expert-warns-of-silent-resignation" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Expert Warns of Silent Resignation</a><br></p>
<p style="text-align: justify">The cryptocurrency industry is undergoing a “silent resignation crisis,” asserts a hedge fund and digital asset expert. This term, which gained attention in 2022, describes workers who perform only minimal tasks and cease going beyond their basic duties.</p>
<h2 id="why-is-engagement-declining">Why is Engagement Declining?</h2>
<p style="text-align: justify">Travis Kling, founder and chief <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investment</a> officer of Ikigai Asset Management, believes this term aptly captures the current sentiment in the crypto sector. According to Kling, a substantial segment of the crypto community has become disengaged due to diminishing optimism that crypto projects can address real-world issues and achieve widespread acceptance.</p>
<h2 id="are-crypto-projects-overvalued">Are Crypto Projects Overvalued?</h2>
<p style="text-align: justify">Kling criticized numerous crypto projects as “meaningless and overvalued,” pointing out that the enthusiasm in sectors like Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) has significantly diminished. Metaverse projects are now often mocked, and decentralized social media initiatives have hit a roadblock. Nonetheless, Kling highlighted that certain areas, such as decentralized physical infrastructure networks (DePIN), show promising potential.</p>
<h2 id="kling-s-insights-key-takeaways">Kling’s Insights: Key Takeaways</h2>
<p style="text-align: justify">– Crypto community engagement is at an all-time low.<br> – Many projects are seen as overhyped and undervalued.<br> – DePIN stands out as a promising area.<br> – Significant capital has flowed into the sector, indicating its maturation.<br> – Potential regulatory changes could revive interest in altcoins.</p>
<p style="text-align: justify">Kling mentioned that the crypto industry has moved past its initial stages, attracting substantial capital. <a href="https://en.bitcoinhaber.net/bitcoin-takes-a-sharp-turn-downward-after-historic-highs" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>‘s market value has surpassed one trillion dollars, with half of Wall Street holding Bitcoin. Tether, a major stablecoin, holds more treasury bonds than Germany, and over 20 billion dollars in venture capital has poured into the sector over the last four years.</p>
<p style="text-align: justify">Kling speculated that a potential Trump administration might introduce regulatory measures that could rejuvenate altcoins. Such a framework might move the industry away from ineffective governance tokens towards yield-generating, token-burning semi-securities. According to Kling, while the crypto sector faces significant challenges, specific areas like DePIN and potential regulatory shifts offer hope for a revival.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/crypto-expert-warns-of-silent-resignation" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Expert Warns of Silent Resignation</a></h5>

Crypto Expert Warns of Silent Resignation

Table of Contents

BH NEWS

Other articles published on Sep 10, 2024

Zeebu Monthly Recap | August 2024

Shiba Inu Executive Teases Major Shibarium Update: What’s Coming Next?

Gemini: Global crypto ownership steady as sell-off slows down

AI Cryptos Rallying Amid Anemic Market Today: One Possible Reason

Is Dogecoin Heading to $1? Elon Musk Sends Support Signals!

Top Cryptocurrencies to Buy Now September 9 – Celestia, Synthetix, Aptos

Join our free newsletter for daily crypto updates!