Aster $ASTER and Avantis $AVNT are likely to keep bleeding as their airdrop incentives become increasingly unattractive with falling prices.
The same goes for PLASMA $XPL the initial hype and forced hedge closures drove the rally, but they haven’t solved anything meaningful; it’s essentially a VC-backed narrative play. Imagine being up 500× yet lacking enough collateral to hedge, only to get squeezed and watch the price retrace right back to where you tried to hedge.
SOL $SOL remains by far my largest position no betas, no noise, just the purest and most elegant chain in the space.
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