Leverage is the largest unmet demand in the ecosystem and it explains every crypto narrative thus far. ICOs, NFTs and Meme Coins are all instruments that are either going to zero or printing stupid amounts of profits. That's the only use case with proven retail PMF; speculation on leverage.

hollowgrahm.substack.com/p/on-leverage

Absolutely agree! Leverage plays a crucial role in shaping the crypto market trends. It's essential to understand and manage leverage effectively to navigate this volatile landscape. Thanks for sharing this insightful perspective!