May 14, 2025
Blockchain

Mark Cuban called the end of the bear market

  • June 29, 2022
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Shift focus to dapps and their creation outside of finance will attract an additional audience and halt the decline of the digital asset market. This view was voiced

Mark Cuban called the end of the bear market

Mark Cuban called the end of the bear market
Mark Cuban called the end of the bear market

Shift focus to dapps and their creation outside of finance will attract an additional audience and halt the decline of the digital asset market. This view was voiced by billionaire Mark Cuban.

The entrepreneur suggested that the market has not yet reached “cheap” prices.

“[Медвежий рынок] until a catalyst appears. That trigger could be dapp, or we could get so low that people might say, “Fuck it, I’ll have some”.said.

Cuban explained that amid the diversity of NFT and DeFi-related applications, the emergence of a Dapp focused on high-value businesses could turn the market upside down.

As an example, he suggested creating a decentralized version of Quickbook, an accounting software for small businesses.

Cuban noted the low use of tokens in the market. As an example, he saw SUSHI as a “relatively cheap” acquisition with a market cap of $215 million.

“If you’re a liquidity provider, you get paid, but who will buy? [токен] joyful? Why?”explained.

The entrepreneur envisioned the unification of various protocols and blockchains typical for “every industry”. He expressed support for the scenario of migrating apps and communities, but acknowledged that this consolidation network should have “ideas and reasons for use”.

Cuban stated that he is currently interested in carbon stabilizing DeFi tokens. They make it easier for companies to meet their obligations and acquire “potential”.

Recall that the entrepreneur predicted that without “real expectations” crypto projects would disappear.

Previously, Cuban predicted the collapse of blockchain projects that replicated what “everyone has.”

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Source: Fork Log

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