The Great Altcoin Extinction: Which Crypto Narratives Will Die at the End of Cycle?

in LeoFinance29 days ago


image using Ai.

In these couple of weeks I've seen a glimpse of bear market and how quickly things can slip from our hands if something big as COVID scale happened


Recently deepSeek shaking entire US market is a serious thing that reminded me crash happened in 2021 and the next year.

We've seen a major narrative carried by the bulls in this cycle is "Ai" for stocks and "bitcoin" for crypto

There's correlation between both market, we know that crypto is going to be first in line if stocks crash from here.

So I'm thinking about "what coins or narratives are going to die" we'll see extinction level wipeout sooner or later

What narrative is going to be extinct? Especially from crypto? Yea I'm worried about my Altcoins right now when they're down -90% already at that bear market price.

The Altcoins Extinction: Biggest Wipeout sometime in future?

Lots of people are saying "bull run till 2026" and top will be next year but the feeling is off, it can happen this year and we're going to be in another bear market the moment market crash

Probably because of "trump effect" it's not entirely bullish.

I'm not interested in what's going to happen in the short term, I'm more concerned about the current narrative and changes

The moment everything goes down, some of narrative will become extinct.

Is Ai Narrative Safe bet?

For now Ai is retiring people who invested in early and it's just been two years of this Ai narrative and this is one single thing that's not like the rest of narrative we have seen

1000027791.jpg

Image by Alexandra_Koch from Pixabay

It's not like NFTs, or metaverse Ai is far beyond that

And in coming years we'll only see Ai in real life, not just those computer running Ai algorithms but actual Ai.

I feel like being in Ai right now is same like Holding Berkshire Hathaway share from year 1973

Doesn't matter if Nvidia survives or not which is definitely going to survive any bear market, there's always going to be more competitors in Ai market. It isn't going to be just Nvidia.

So well I'm not worried about Ai narrative, it's here to stay but some of these are going to be extinct.

The Narrative that'll be extinct from Crypto

At the end of this crypto cycle the narrative that's going to be extinct will be none other than the "memecoins"

As we know it is as the lottery ticket of crypto where you're supposed to win big if got lucky.

None of memecoins will survive next bear market, not a single one by any chance and there's a lot of reasoning, why would anyone hold memecoin through the crash?

Next in the line is RWA

Yea, I'm bullish on RWA narrative since the first day but at the end of cycle it'll be the end

1000027790.jpg

Image by Oleksandr Pidvalnyi from Pixabay

More like a Luna like end to RWA narrative which is fueled by "BlackRock and others will Tokenize stocks and every assets".

When this narrative will go down, it won't rise again. As of now it's all just wet dreams shown to us by the bankers who have everything under their control.

It's like flashing bone to dog and throwing it away when they're done.

Most of Crypto Narratives are Built on Lies

Be it Ai, RWA, Depin, Ai agent or any other narrative it's all speculation in crypto that dev said "roadmap is this and your coin is future of finance"

But what I've witnessed in 2022 proved not a single narrative survives.

1000027789.jpg

Image by Roland Schwerdhöfer from Pixabay

Every project who built something big as that nft marketplace like opensea, it's supposed to go down and never recover once forgotten by the people.

There's tons of Fabricated project in crypto running just because of narrative but they've not built anything in the ecosystem, the Blockchain is ghost, they took Vc's money and now enjoying in yachts.

Cashing out Everytime a coin moves certain percentage and never looking it back unless you have plans to do same thing again in next cycle

Like ftm founder left crypto in bear market and came back in this cycle, "migrated ftm to S" and extracted all the value from everyone who believed him.


Wrapping Up...

In the end what I know is every road in crypto leads to bitcoin, you'll capitulate from Altcoins no matter if they're 90% down and just going to buy bitcoin

It's the end game, I'm started to believe that Alts are here so they can steal bitcoin sats from you like you'll always chase altcoins while bitcoin is just going to be more and more valuable

And there's going to be just more and more altcoins like now we have more than 35m Altcoins circulating in the market.

In the end it's just my thoughts that some of Narratives will be no more with us once we see the start of bear market but for now we all deserve one Altcoins season.

Let me know if you're still believing we'll get altcoins season or just lost faith? Share it in the comments.

Posted Using INLEO

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