Aptos (APT) Founder Says Crypto Winter Will Last Another 12-18 Months – “Recovery Won’t Be Easy”

In an interview conducted in Hong Kong, Aptos (APT) co-founder Mo Shaikh addressed the current downturn in the cryptocurrency market.

Shaikh Says This Winter Is Different for Cryptocurrencies

Speaking on the Crypto In America podcast, Shaikh stated that the sector is in a “crypto winter” period, noting that this period has different characteristics from previous cycles. According to Shaikh, this winter could last between 12 and 18 months, and more effort will be required for the market to recover.

Shaikh responded to the question of whether the market downturn indicates a prolonged crypto winter or a temporary cycle, saying, “We are definitely in a crypto winter… This is, unfortunately, a very different crypto cycle.” He noted that previous crypto winters usually ended with specific catalytic events, but this time it’s linked to geopolitical events and the crypto sector is being overshadowed by fields like artificial intelligence (AI). “In previous cycles, crypto was at the forefront of innovation; now it’s been pushed aside. We’re even seeing founders leaving the sector,” Shaikh added, suggesting that recovery will not be easy.

Related News: Expert Analyst Explains That Funds in Altcoins Are Starting to Shift Back to Bitcoin!

Shaikh, MFV’s former CEO of Aptos Labs, also discussed in the interview the involvement of venture capital (VC) firms in the crypto space, the impact of de-globalization on investment flows, and policy changes following the GENIUS Act. He also addressed Western misconceptions about crypto and missed opportunities in the US, stating that he closely monitors the geopolitical landscape and that markets are undergoing a recalibration process.

*This is not investment advice.

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