DWF founder: Crypto market is nearing its bottom, behind-the-scenes M&A activity is very active.

DWF Labs founder Andrei Grachev stated, "I believe the crypto market is nearing its bottom, with Bitcoin likely to experience another 15% fluctuation around its price. This doesn't mean it will only go up, but it will drive more money into the market. While professional investors are still deploying funds, especially in RWAs (Real Assets) and projects with 'large-scale and bold visions,' there's been almost no direct market buying. In my opinion, it's much easier to make a new project popular and attract attention than to revive and promote an old one. This is why I believe most altcoins will rise after this bear market, except for those projects with real business and commercial expansion—they will naturally be driven up by the overall market's future growth. Retail-driven trading volume, or 'foolproof' trading, is currently mainly flowing to PumpFun, with a portion of it going to..." Polymarkets exist, but the world won't change because of them. When the market recovers and prices start to rise, these people will follow suit, buying what whales are buying now, as well as the new tokens I mentioned earlier. Behind-the-scenes M&A activity is very active; many projects and companies are being acquired, some of which have at least some revenue and are planning IPOs. Because long-term growth in the crypto industry isn't the problem, it's just a matter of time; the problem is survival.