If bitcoin goes into a bear, it would be a good thing for alts to genuinely reprice exceptionally lower. People want upside and speculative pricing to make money, yet think they can capture that buying L1's nobody uses launching at $2bn mcap having raised 9 figures Charts like this are common and honestly needs to change, nothing against Plasma - sad part is it is actually good and fits a very real usecase for crypto, yet nobody here cares when they just lose money on it Half the reason alts didn't 'run' this cycle is that we had infinite numbers of them being spawned, but equally - the good stuff barely gave upside either There is and always be opportunities in crypto, but we need to fix this. It can't be either you punt on a bundled launch that tops at $1m, or you try to trade the chart of something being held up by MM and supply concentration to a hugely bloated valuation If there is to be speculative opportunity in crypto moving forward, we need to genuinely cleanse the alt space and rebuild it from the ground up You might believe crypto as a whole is undervalued, I think it could be, but 90% of the projects that make it up are not and to rebalance that takes a lot of pain