Coins like Cardano $ADA or $DOT have broken their all time support levels and are never coming back imo.
Not particulary speaking about these two. Could be memecoins & VC coins or influencer coins, this cleansing is a good thing overall.
The space is entirely getting rid of all tickers that are not meant to be, which will lead to a capital concentration in a handful of productive assets in the future.
Capital concentration was something this cycle entirely missed and rather had a complete capital dispersion
General rulebook: Assets that will lose their 2022 lows are likely more dead than not. Those few which will hold those levels have a chance of recovery
#korean middle aged unc loses $1M of $ADA he stacked for close to a decade (life savings) to a shitty compromised wallet intended for middle aged uncs to get scammed on
first instinct from people on here is to kick him while he's down
ASTER will eventually burn those 5 billion tokens to try and save the project. Remember these words.
Even with that, I’m not touching it. It only gives them one extra chance to survive, but only if they completely change how they manage this mess.
At current fee revenue, burning 5 billion tokens would still take 50 years. They don’t need a 50-year plan. Burn them now, create real scarcity, and actually deliver value.
Stop with the “in the future it will be faster” cope. That’s bullshit.
You can buy elite semiconductor and AI stocks with P/E ratios of 5-10-15-20, real businesses, real profits, global leadership, and actual cash flow. This crypto project, like most others, is a joke. It’s not finance, it’s gambling on the nearly impossible.
Betting on Aster is like betting on Iran winning the 2026 World Cup. Respect to Iran, but the odds are pathetic. Wake up.
#ICP has just CORRECTED lower and so we should now get further upward movement to complete a larger cycle correction higher. The $ICP move up from here can be in 3 OR 5 waves to complete either WXY correction shown OR simple 3,3,5 Flat correction