30 million new tokens were created in 2023- 2025

10x the number vs. 2018-2022

50% came from Pump and had zero pretense of utility

In that period, total market cap of crypto sans-Bitcoin + stablecoins never exceeded last cycle high.

It’s basically been…

call me crazy but if all the smart people spent the last 4 years building technology that made no money and are now going to things that make money, either

A) they weren't that smart in the first place to take 4 years to recognize this
B) they are smart…

saddest part about crypto for me is that I just don’t really enjoy it anymore. miss the days i was so naive and bought into all the narratives (aave was going to flip the banks, i was going to live off sushi staking rewards, etc.). everyone was much nicer…

This was the highest volume day on $IBIT, ever, by a factor of nearly 2x, trading $10.7B today. Additionally, roughly $900M in options premiums were traded today, also the highest ever for IBIT. Given these facts and the way $BTC and $SOL traded down in…