TechFlow news, June 17 — Haseeb Qureshi, Managing Partner at Dragonfly, posted that in every market cycle, founders chase where the hot money flows. In the previous cycle, launching tokens was the trend because the crypto capital markets were exceptionally active;
In this current cycle, bringing tokens into the stock market (similar to the treasury company model) has become the new trend. He pointed out that hot money never stays in one place for long, which is why the treasury company model won't be the final outcome. However, he expects this trend will continue for another 1–2 years until the hype fades.
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