Mingxing Xu, also known as “Star” Xu, the founder of OK Group and OKX exchange, recently tweeted, cryptocurrency expressed his hope that the next 2023 for the industry will be more optimistic than the 2022 we left behind.
“I Am Optimistic For 2023 In Cryptocurrency”
In his tweet, Mingxing Xu talked about a few notable events that shook the industry and put selling pressure on the crypto market, the bankruptcy of the Three Arrows Capital fund (3AC), the FTX exchange and SBF, the collapse of the LUNA token, the liquidity problems faced by Genesis, and the like.
The latest crash of the FTX giant, Bitcoin From the $21,480 peak it managed to reach in early November, it pushed it lower than the 2017 all-time high of $19,800. Ethereum It slumped below $1,200 and we have witnessed similar dips in many other altcoins.
Luna,3AC,Ftx,Genesis…A lot of accidents make crypto guys feel frustrated.But look back to the history of crypto,it’s a technology driven industry,Pow,ETH,SegWit,Defi ,ZK drive the whole market cap grow to trillion to you. I’m optimistic to the 2023.
— Star (@starokg) December 31, 2022
However, Mingxing Xu looks to the next 2023 with optimism. Xu tweeted that while 2022 has dealt many blows to the crypto industry, there are also positive developments in this technology-driven space.
“Luna, 3AC, Ftx, Genesis… Many misfortunes disappoint crypto lovers, but looking back at crypto history, this is a tech-driven industry, PoW, ETH, SegWit, Defi, ZK all these have made the cryptocurrency market reach a trillion-dollar size. I am optimistic for 2023.”
The world’s richest person, Elon Musk, had recently followed the OKX exchange’s Twitter account, but later retracted this transaction.
*Not investment advice.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!