BELIEVE IT: The ICM narrative just processed $2.5B in volume with 20,000 tokens launched I've been tracking the explosive growth of Internet Capital Markets (ICM) for the last week, and the numbers are impressive: - $2.5B in trading volume - 5,000 tokens created in a SINGLE DAY - $LAUNCHCOIN up 3300% since May 11th - $12.36M in fees generated in just 3 DAYS Think of it as Kickstarter meets Uniswap: Entrepreneurs mint tokens for concepts, the market prices them instantly, and communities form around the most promising ideas. But is this sustainable? What are the regulatory risks? In this week's DeFi Alpha newsletter, I break down: 1. Which narratives are actually gaining traction (ICM, DeFAI) #STARTUP #FITCOIN #GRIFFAIN #ANON 2. My tactical approach to this market phase (hint: not buying $BTC at these levels) 3. Why $HYPE's evolution from perp DEX to a full-on ecosystem matters 4. Projects positioned to outperform The key is being positioned BEFORE the obvious phase begins. (Alpha link in tweet below)