The only crypto I see holding their position is maybe BTC and an even bigger maybe for eth. Anything else is probably fucked.
And let's be honest. 24 k $ per BTC after adjusting for inflation is essentialy lower then the 2017 peak. So talking about circles and past performances...is there really a point anymore? 2010-2021 was a full bullish market so crypto naturally went up and up. The worldwide not-recession we are experiencing has only began and there is a good chance it will soon evolve in a worldwide not-depression.
Summer euphoria is about to end. The real fun begins on September 🤪
I wouldn't count 2010-2011 in the equation...
I agree with you in regards to inflation. Many are not taking into account the depreciation of currencies when talking Bitcoin's price.
The societal collapse will be fun though. Can't wait for it :))