While in crypto we've come to a point that "a rising tide does not lift all boats" anymore, it's still not as complicated as people think. There are 100s if not 1000s of multiples of alts in the market today. YET, 98% percent of those are memes that have already come and gone. At the end of the cycle when the liquidity inflow to alts is greatest, those stay dead and won't attract it anymore. Those boats don't get lifted as they were never even floating anymore. But those that do? Those do get lifted and capital concentrates among those. Even today we see evidence of that when we look beyond Bitcoin and Ethereum that are arguably the ONLY ones that really attract institutional capital through a large amount with the introduction of ETFs and more. Yet SUI, BNB, XRP, MNT, SOL, LINK, HYPE, XLM, ... These have all either already broken all time highs and beyond or are sitting close to breaking it. Those have nearly billions in inflows and it...
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