Peter Kim
@peter
friend sent me a list of altcoins and asked for my thoughts. below is my maybe controversial response I loosely hold this thesis and acknowledge there are many edge cases that contradict it. But there are lessons to be learned all the way back from the GameStop saga to pump.fun making $180m so far this year. financial nihilism in the 2020s will be studied one day
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sartocrates🃏
@sartocrates
100% correct imo , and solid advice
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Drew Volpe
@drew
right take of where we are. question is what happens now. imho, new regulatory environment and optimism for something more will lead to the rise of more productive projects (DePIN, data daos, DeSci, ...).
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basebro.eth
@basebro.eth
in my opinion we will have a trailing narrative effect. in other words, all the narratives that were supposed to true last cycle (institutional adoption, utility coins) will be realized this cycle.
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Raccoon
@raccoontrading
I think you right in that memes will have the biggest gains and it makes sense to offset the risk in those with buying majors. But I think you're wrong about alts not pumping too. There are so many decent alts that are good for an ez 2-3x from here. Vcs will pump thier bags before token unlocks. They always do.
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Dave Shake
@daveshake
Basically, imo, it's who has the better and loudest narrative as the bull run progresses, memes or midcurve infra coins.
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Jerry-d 🍖👽🎩 ↑
@jerry-d
Excellent advice - thanks for sharing your controversial response. $DEGEN and $HIGHER aside, my majors are far outperforming the memes by orders of magnitude.
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Nick T
@nt
great take 👍
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Wellzy 🎩🏰🍖✞
@wellzy
That’s a solid perspective
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OTTI🎨🖌
@zeuzc
What do you suggest then to retire from crypto
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Juli 🎩↑
@juli
I wish this was the case but there'll be narratives and no one cares about the token distribution until the game ends..
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↑🎩runn3rr
@runn3rr
based!
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