![Crypto Has ‘Too Many Tokens’ and Mergers Are Coming to Consolidate DeFi and Memecoins Crypto Has ‘Too Many Tokens’ and Mergers Are Coming to Consolidate DeFi and Memecoins](https://crazynewsx.com/wp-content/uploads/2024/04/AGAB6ESB6VAI3DBXBR3ETKMHYE-768x402.webp)
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Naturally, projects that aren’t able to compete with the larger competitors will look to merge their businesses to stay afloat. “The next wave of M&A is likely to occur in sectors where there is a high degree of fragmentation, like Layer 1 chains that didn’t break Top 10, DEXs, DeFi protocols, node operators, and possibly even NFT projects,” said Aki Balogh, co-founder and CEO of DLC.Link
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