Anndy Lian points out that the industry is currently chasing liquidity, with similar behavior seen previously in stocks and gold.
He emphasizes the importance of remembering the original purpose of crypto, notably its focus on decentralization and representing the future.
Lian recently reported that crypto market capitalization fell 1.11% to $2.22 trillion as Bitcoin led selling and correlations with traditional assets rose. He has also challenged the view that meme coins require prominent endorsements, emphasizing community development as critical for growth. The latest commentary builds on these observations.
Source: https://tradersunion.com/news/market-voices/show/2700957-crypto-liquidity-decentralization-focus/
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.