Altcoins are dead.

The only major project that broke its previous ATH was Hype.

Considering the downside risk, most would’ve been better off just buying BTC.

No one believes in anything anymore. The chain has become a place where we watch who exits first.

I can count on one hand the number of new runners that surpassed a $300M market cap over the past year.

Add a million newly launched tokens to that, and the numbers look bleak.

Yet people still keep jumping into the fire instead of realizing they have no edge.