All investments, exceptional and bad, suffer from major drawdowns in the early days where the market for it is forming and changing hands.
Liquidity is low. Trends attract leverage. Fundamentals are uncertain. Adoption/cashflow isn't there yet. Majority of holders are idiots.
Until you’re actively using at least 5 different blockchain apps outside trading crypto tokens, there’s no mass adoption yet.
There’s only institutional acceptance.
Volume and repricing is yet to come.
$QNT
Without this, every RWA settled with tokenized fiat becomes a prefunded bubble costing the bank the opportunity cost of the reserves deployed in credit markets.
Which means, without this, adoption can never reach scale.
$QNT
