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Crypto venture activity slows in 2024 as AI draws talent and funding away, says expert.

Market News
14 Nov 2026, 13:32 WIB
Tokenpost
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Bearish
Crypto venture activity slows in 2024 as AI draws talent and funding away, says expert.

Michael Dempsey, managing partner at Compound, noted that crypto venture activity has been subdued for nearly two years, with a notable slowdown starting in 2024. This decline is attributed to a shift in focus toward artificial intelligence, which is attracting developers and capital away from crypto projects. While tokenization holds practical potential, Dempsey expressed concerns about aligning token incentives with long-term interests. The trend contrasts with 2021, when many tech entrepreneurs were heavily involved in crypto.

The story on crypto venture capital activity comes with Pluang's cryptocurrency market data as context. As of Nov 14, 2026 18:41 WIB, only 4 out of 50 major cryptocurrencies rose while 45 fell. Notable movers include SAND at Rp698 with a 1-day change of -5.65% and a typical hold time of 125 days, and ALGO at Rp1.508 with a 1-day change of -5.28%.

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