Crypto's lack of 'frothy use case' a good sign: WisdomTree exec

Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec - WorldNL Magazine

Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run. There hasn't been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, Guthrie told Cointelegraph at Consensus. “This time, we’ve continued to see the asset class gath…

Why Crypto's Lack of 'Frothy Use Case' is Positive: Insights from WisdomTree Executive

Cryptocurrencies are often criticized for lacking a clear use case beyond speculation and trading. However, some experts argue that this could actually be a positive sign for the industry. WisdomTree, a global asset manager, believes that the absence of a frothy use case for crypto indicates that the market is maturing. Many see the speculative nature of cryptocurrencies as a hindrance to their mainstream adoption. The lack of a widely accepted …

Crypto's lack of 'frothy use case' a good sign: WisdomTree exec

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