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@chumbawamba22 setup: worst cross-asset undeperformance in crypto's history past few years driven by • brain drain to AI • lack of innovation post-defi cambrian explosion • gold exceptional once in decade deca-trillions rerating add on top 10/10 worst liquidation day for alts ever sentiment and positioning on crypto from insti & retail side at this bottom on altcoins are at multi year lows, maybe the lowest ever only one direction to go, up, in an asset class where it is heavily momentum driven ---- now on the flip side, for the first time in crypto's history, there are altcoins with • zero to little VC overhang • real pmf uniquely powered by crypto rails • regulatory environment finally leaning positive • everyone sitting on infinite unrealized gains from AI supercycle the industry is no longer spray and pray, and the coins that will receive bids are going to move extremely quickly
blknoiz06 ↗