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Mark Cuban: More Focus on Utility Apps Will Help the Crypto Market Out of a Bear Market

By WebsCryptoJune 29, 20221 Min Read
Mark Cuban: More Focus on Utility Apps Will Help the Crypto Market Out of a Bear Market
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NBA Dallas Mavericks owner Mark Cuban said the cryptocurrency bear market won’t end unless people focus better on utility applications. He also believes that the market has not yet bottomed out. Cuban noted that a greater focus on applications with utility will keep the cryptocurrency market out of a downturn.

Given that there are so many apps currently focused on fintech or collectibles, launching a business-focused app would be one of the events that would trigger a market reversal.

He also believes that the merger between different protocols and blockchains will eventually witness the consolidation of the crypto industry, as “this is what happens in every industry.”

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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