In hindsight, alts were an obvious sell near the top after CPI print (May 13)was a lot better than expected and market just could not continue higher, that was the giga top for almost all alts - BTC up/chop and alts bleeding since
AERO generates 100-150m in fees a year based on recent estimates, that is without the floodgates of all CB users direct access to DEX on the coinbase app
Now run a standard earnings x PE calc and tell me the market cap isn’t stupidly cheap
Any other cex integrating dex coins? Not yet, this should heat up iwo - AERO captures p much all of BASE volume and it isn’t trading higher than where it was a few weeks ago
Memes are a completely different discussion, they wear it on their sleeves that there is no value to sell other than community, these other projects are tying to sell you the future of finance with forked copy pasta mercenary capital infested protocols, oh and the token dilutes
Few months ago I was actually bullish TIA and thought it would perform as one of the better ETH betas going into the upgrade, it actually held up well but I ended up selling after mindshare died
What happened since, anything besides the obvious answer of emissions
The strength by the coins in the past 24hrs is hard to ignore or call lag at this point
Taking it at face value and assuming we shoot up higher in the following week(s), might get some wick filling action over the weekend, entries here are awkward