I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that.
I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.
Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV , ENJ , FIL, LINK, SNX , and SOL, all I can say is………….this entire space is going to be battered for a long time.