DeFi + NFTs: The Crypto Megacycle
6 min readSep 30, 2020
In this series I propose we are a year into 5 year long DeFi hype cycle, likely made up of several mini-cycles, where the aggregate effect is a quadrupling of today’s combined market cap and a doubling of the 2017 $600bn highs based on a sustained ‘mainstreaming’ of the industry.
