1d ago
I think we're starting to finally see some bodies rise to the surface.
But they're not big exchanges or market makers, it's some alts that have bad business models or foul play.
- Kadena shut down its blockchain today.
- $FET suing $OCEAN for dumping excess supply.
These coins are essentially dead now.
More will come, and this will ultimately be good for crypto by consolidating capital into fewer, higher quality projects.
Altcoin dilution is one of the main reasons this bullrun has been dogshit.
If people can collectively agree to be more selective about what they hold, we could have an up only szn once more.
Inshallah 🙏
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