The current market feels very much like the state before @truth_terminal appeared:
-> Retail investors have lost hope in tech/VC projects that have already received significant funding: "They won't be able to deliver anyway, so don't be fooled." Moreover, why would anyone want to engage with teams that have a valuation in the hundreds of millions and have gone OTC?
-> The emergence of memes is becoming increasingly "legitimate"; no white papers or teams are needed, just find a hot topic or cable to pump.
-> It's hard for VCs to exit, their grip is getting tighter. Real builders either run out of money to continue or can't accept that those less capable than them are getting lucky and making money just by posting a meme. The market is driving out the good coins with bad ones.
-> The listing rules on exchanges are becoming increasingly incomprehensible.
In this extremely uncertain market, individuals mainly hold BTC, with a small amount of alts focused on #AI, and continue to support their chosen portfolio.
I advise highly idealistic and ambitious builders to always seize the hot topics, believe in themselves, find like-minded investors, and encourage each other.
Everyone should manage risks well; even when the market is bad, if you can't build in the crypto space, you can still build yourself.
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