Very good thread and the good thing is there are very few coins that fit in this criteria $ENA, $HYPE, $JUP, $AAVE ... what else?
Of course this doesn't apply to all shitcoins. The vapourware with zero revenue is still vapourware with zero revenue even when you throw it in an equity wrapper. But I do think this is an incredibly bullish development for a small handful of tokens where TradFi can underwrite a real business model benefitting from secular growth trends. Outside of majors there are maybe 10 of these tokens. I expect they will begin to disperse more clearly from the coins which have zero bid from TradFi.
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