Crypto VC Funding Drops 20% in Q3 2024

Crypto venture capital funding fell 20% in Q3 2024 to $2.4 billion, driven by a “barbell market” where Bitcoin and high-risk memecoins dominated, leaving mid-tier projects overlooked, according to Galaxy Digital. The report noted a 17% decrease in deals, with 478 closed. Large investors have shown minimal interest in early-stage crypto ventures, focusing instead on … source: https://coinpedia.org/crypto-live-news/crypto-vc-funding-drops-20-in-q3-2024/