Bitwise CIO sees market repricing as crypto embraces ‘revenue fever’

Read original at The Block·

Bitwise CIO sees market repricing as crypto embraces ‘revenue fever’

60-second summary

Bitwise CIO Hunter Horsley forecasts crypto valuations doubling as decentralized finance apps and protocols increasingly adopt revenue-driven token buybacks, a trend he calls 'revenue fever'. This shift could see investors reevaluate their strategies and potentially lead to a market repricing, with implications for the broader crypto ecosystem and its growing adoption of revenue-generating models.

Bitwise CIO sees crypto valuations doubling as decentralized finance apps and protocols adopt revenue-driven token buybacks.