CoinVoice has recently learned that the altcoin market needs to experience a significant rebound if crypto projects hope to continue to receive healthy venture capital funding, according to Cointelegraph.
Will Clemente, co-founder of Reflexivity Research, said that unless altcoins experience a "substantial bull run," fewer crypto projects will receive funding and the overall valuation of the altcoin market will decline.
He said: "Given the increase in supply in the market, I expect funds to be more dispersed, and I am not confident that this rebound will happen." [Original link]