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Quick staking, earn potential new tokens
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Alpha Points
NEW
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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HOT
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Use USDT/USDC to mint GUSD for treasury-level yields
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DeFiance CEO: alts have encountered their bleakest moment since FTX, but this is also an undervalued investment opportunity.
Odaily News Odaily News Arthur Cheong, CEO of DeFiance Capital, stated in a post on X that this may be the bleakest period for alts since the collapse of FTX in November 2022. Over half of the trading varieties are at historical lows, and even with a rebound in Bitcoin, there are no signs of a stop in the fall. However, for investors with a holding period of over a year, the current market is nurturing severely undervalued investment opportunities.