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Dragonfly Partner: The current bear market is a piece of cake compared to 2022.

2025-11-14 04:25

Odaily Planet Daily reports that Haseeb, Managing Partner of Dragonfly, wrote on the X platform that the current bear market may be the "easiest" bear market yet. Many people seem to have forgotten what 2022 was like: Luna crashed, then 3AC, then FTX, then Genesis, BlockFi, Axie, NFTs—almost everything teetered on the brink of collapse, like a house of cards. Then, after all that collapsed, banks failed, stablecoins went detached from their pegs, and Gary Gensler attempted to destroy almost every company in the industry. In comparison, the current market situation is "a piece of cake" compared to 2022; although prices have fallen, the fundamentals remain strong.