[DeFiance CEO: Altcoins Face the Bleakest Moment Since FTX, but This Is Also an Undervalued Investment Opportunity] Odaily Planet Daily News: DeFiance Capital CEO Arthur Cheong posted on X, stating that this might be the bleakest period for altcoins since the FTX collapse in November 2022. Over half of the trading assets are at historical lows, and even with Bitcoin rebounding, they show no signs of stopping their decline. However, for investors with an investment horizon of over a year, the current market is breeding severely undervalued investment opportunities.