Yesterday, today, and tomorrow in the crypto market...
Remember the 2020-2021 altcoin bull run. Even when BTC was in the 62K-69K range, altcoins experienced a “wealth transfer of the era.” Because at that time, money was taking risks; liquidity was spreading across a basket of altcoins. The hidden engine of that bull run was not BTC’s level. It was low interest rates, crazy risk appetite, retail enthusiasm, and “less supply pressure.” The number of tokens was not as inflated as today; unlock/inflation was not as systematic. Then the market was thought to have grown… In reality, the market was
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