America's 'Brightest Young Minds' Are 'Quiet Quitting' Crypto Because 'The Curtain Has Been Pulled Back,' Industry Expert Argues
Portfolio Pulse from Khyathi Dalal
Travis Kling, CIO at Ikigai Asset Management, highlights a 'Quiet Quitting' trend in the crypto industry, with decreased engagement and disillusionment among professionals. He attributes this to unmet promises of crypto projects and warns of potential deterrence for new talent. Despite a bearish outlook, Kling sees potential regulatory changes as a path to sustainable growth.
September 12, 2024 | 4:06 pm
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NEUTRAL IMPACT
Bitcoin is highlighted as a key asset in the crypto space, with some believing it will outperform other asset classes. However, the overall disillusionment in the crypto industry could impact Bitcoin's short-term engagement and investment.
Bitcoin is mentioned as a significant asset, with some expecting it to outperform other classes. However, the 'Quiet Quitting' trend indicates a broader disillusionment in the crypto space, which could affect Bitcoin's short-term engagement. Kling's cautious optimism about regulatory changes suggests potential for future growth, balancing the current bearish sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80