We are witnessing the death of ALTs in crypto. All the promising tokens we once believed in are going to zero. And No, this is not just a ordinary bear season. It's the aftermath of massive extraction. Before a recovery, a lot of tokens will be gone. The only survivors will be the tokens with real-world use cases whose native chains/ protocols are already generating revenue for themselves. This is financial advice.
We are experiencing onchain drought in crypto. The market is completely rekt Stable coin farm APRs are at ATL NFTs are dead No new launches Altcoins are dying The only edge is prediction markets which are here to suck the remaining liquidity. How are you guys coping?
This week we will have huge token unlocks and it could cause volatility on some coins. $SUI and $HYPE will be impacted. If you hold any Alt coins, make sure you watch this. If you are a trader, you k ow how to act.
X will start suspending accounts that do undisclosed ads after launching the ad disclosure feature. They’ve specifically mentioned: • Gambling / prediction markets