Crypto mid-caps are struggling. While some digital asset investors may seek hidden gems and future powerhouses in the next tier of market capitalization and liquidity, that pursuit has generally not been rewarded. Furthermore, mid-caps have delivered significantly higher volatility. Less reward, more risk. What gives?
Is this a mirror of “Mag 7” dominance in equities, a lack of promising assets in the mid tier or just the future of finance taking longer to bear fruit than we previously thought?
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We define our size segments using the CoinDesk 20 and CoinDesk 80 indices. CoinDesk 20 captures the performance of top digital assets with some constraints to promote adoption in a number of places and products — specifically, no memecoins, access to U.S….
