VC funding for crypto projects in Q1: Are tokens and altcoins dragged down by VC investments?

The altcoin bull market of 2024 is lagging, as most assets lag behind Bitcoin (BTC)’s growth. The mix of old and new tokens was expected to dominate the market. One reason for the subdued market may be earlier VC (Venture Capital) funding, which pressured the price. VC funding resulted in the development of numerous projects

Source: Cryptopolitan