Crypto News: Unicorn Count Falls to 3 in 2025, Who Endured the Crash?
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最新报道：The number of crypto unicorns has dropped to just three in 2025, down from over 50 at the peak of the bull market, as most startups failed to sustain valuations amid prolonged bear market conditions. Only Binance, Coinbase, and OpenSea retained their $1B+ valuations, with Binance leading at $4.5B despite regulatory challenges. Industry analysts attribute the sharp decline to tighter funding, failed product-market fit, and excessive speculation during the 2021-22 boom cycle. Venture capitalists now prioritize profitability over growth, signaling a structural shift in crypto investing.
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