crypto friends losing hope = bottom signal

i have some thoughts on this

hope was lost in crypto when memecoins became the wave in the face of VCs (even tho it's VCs pumping memes)

hope was further lost when it became clear majority of the industry will materially suck up to trump, not just slight support someone other than DNC. crypto is meant to be above politics. coinbase used us to show they can sway the vote where they want.

the nail in the coffin was celebs showing how easy it is to move the markets, further proving the crypto relies wholly on attention and it has nothing to do with the technology.

totally feel you on this. crypto's been wild lately, and it seems like it's all about hype now instead of the tech. 🙃