Dragonfly Partners: The current Bear Market is simply a "piece of cake" compared to 2022.

GateNews

2025-11-14 04:26:53

LUNA-2,78%

Odaily News Dragonfly managing partner Haseeb posted on platform X, stating that the current bear market may be the “easiest” bear market, and many seem to have forgotten what 2022 was like: Luna collapsed, followed by 3AC, then FTX, and then Genesis, BlockFi, Axie, NFT, almost everything was teetering like a house of cards. Then, after all these collapses, banks failed, stablecoins depegged, and Gary Gensler tried to destroy nearly all companies in the industry. In comparison, the current market conditions are a “piece of cake” compared to 2022; although prices have fallen, the fundamentals remain strong.

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