Every crypto narrative moves through four stages. Your job is to know which stage you're in:

Stage 1: Inception

Only builders and true believers. No price action. High risk, highest reward. (e.g., DePIN in 2022).

Stage 2: Recognition

Early adopters and VCs enter. First major price moves. Media starts noticing. (e.g., AI tokens early 2024).

Stage 3: Mania

Retail floods in. Mainstream media covers it. Your uncle asks about it. This is where most people buy. (e.g., Memecoins peak).

Stage 4: Maturation

Hype fades. Only projects with real utility survive and grow steadily. Others die.

2026 Takeaway: Don't buy in Stage 3 expecting Stage 2 returns. Find Stage 2 narratives before the crowd.

$ETH

ETH

1,926.38

-3.05%

$AAPLon

AAPLon

Alpha

315.3

+2.57%

$VET

VET

0.005647

-5.31%

Which narrative do you think is in Stage 2 right now?