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Cryptocurrencies Have “Too Many Tokens” and Mergers Are Coming to Consolidate DeFi and Memecoin

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8 months ago

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Naturally, projects that are unable to compete with larger competitors will seek to merge their businesses to stay afloat. “The next wave of mergers and acquisitions is likely to occur in sectors where there is a high degree of fragmentation, such as Layer 1 chains that have not cracked the Top 10, DEXs, DeFi protocols, node operators, and perhaps even NFT projects “, said Aki Balogh, co-founder and CEO of DLC.Link

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