resdegen

The altcoin market cap will keep increasing and will eventually break ATH

Yet, the altcoin market will, at the same time, be depressed

Remember how euphoric we were in 2021 at $800B+ TOTAL3 market cap?

The altcoin market cap will keep increasing and will eventually break ATH.

Yet, the altcoin market will, at the same time, be depressed.

Remember how euphoric we were in 2021 at $800M+ TOTAL3 market cap?

remember when @coinbase did IPO and all CEX tokens went ballistic?

$BNB pulled a 3x to reach ATH, $OKB 4x, $KCS 5x, $GT 10x, and a few others.

now instead we had:

• Circle IPO, oversubscribed, and massive un
• Tether earning billlions and top UST buyer
• Stablecoin supply broke ATH at $250B+
• Genius Act bill passed
• Trump, Bessent, Powell, and others publicly supporting stablecoins
• Plasma just launched raising $50M in minutes at $500M FDV
• JP Morgan launching a “deposit” token on Base
• Potential new players of stablecoins like Bank of America or Fidelity
• Stripe bought Bridge in a $1b+ deal
• Bvnk raises $50m at $750m fdv

(I’m likely missing some extra points)

Yet liquid crypto stablecoin proxies do not move. Or barely, definitely not comparable to other metas / narratives we’ve had.

Crypto has stopped moving around main events. Or has become less dumb.

Consequently, the concept of "narrative" is weaker than ever.

I guess that’s a sign of a simultaneously more matured and saturated market. And definitely a less fun market.

$hood, $coin, $crcl, $hype, $aave, $syrup, and maybe a few others are doing quite well

the common denominator is value, actual revenue-generating businesses, leaders of their categories, with credible paths to make more money

there’s not that many investable crypto-related assets, so all value-driven capital is being force-fed into a small set of names

I don’t know how purely speculative capital compares on a net basis vs. value capital, but what is certain is that speculative capital has been never more spread out.

The results is sound businesses pulling multiples while high risk altcoins keep trending lower.

Occasional wins and a few short-lived runners every month keep spirits alive whereas, on a sufficiently long-term horizon, this speculative capital diminishes as losses pile up and number of options increase.

It's just entropy — a ratio of a pool of capital spread out across an ever-increasing number of options. Although fundamentals-chasing capital is finite, the number of targets reduces, so ratio improves.

Ngl, my allocation to these isn’t high. But it’s showing us what we’ve wanted for a long time — concentration of sticky capital to enjoy hodling while still pulling multiples with peace of mind.

NEAR Intents is positioned to become the liquidity layer for native asset swaps across both EVM and non-EVM chains.

• You can trade any asset. Live on $BTC, $DOGE, $XRP, $ZEC, $ETH, $SOL, $NEAR, $TRX — with $TON, $SUI, $APT and more markets on the horizon.

Powered by @NEARProtocol Chain Signatures, it supports all ECDSA and EdDSA chains.

• $280M+ in cumulative volume, growing exponentially
• 530k+ swaps executed — daily ATHs in both volume and usage
• Integrated by @infinex, @KyberNetwork, @SwapKitPowered, @THORSwap, and more to come.

Native assets. No synthetic wrappers. No bridging. And with deep liquidity.

$GIZA agents TVL 4x’d since price was at ATH of $0.48. Yet price is down 65-70%.

can someone tell the TOTAL3/BTC chart that the war just ended?

wtf is going on here

50x on aura, $20m vol

You want to buy the tokens with the most solid fundamentals, or the most memetics.

Nothing in between.

when we see a new runner when market is static, we tend to see it stall as the rest of the market heats up and there’s repricing.

Do not confuse this with weakness. People chase green candles. After a big run, $giza may need some consolidation around this area. That’s required for a new run. Even most altcoins have barely moved in this ETH pump.

when there’s a new innovator, it will keep attracting flows until it gets exhausted — and we aren’t there yet with everything they have cooking + promising BTC / ETH break outs

There’s no way this chart doesn’t break out.

Maybe not right now, but it’s go time for $ETH.

There’s a lot of alpha in $GIZA roadmap.

• Agent Expansion
• Giza SDK
• Giza Protocol
• Giza Platform

Arma is simply the first piece of the puzzle.

re: Base — I would recommend people not to jump from one coin to another every day. You are simply going to end up buying tops and selling bottoms.

Much easier to do your DD and buy only a handful of projects you like where you see the bigger vision.

You know how it ends.

“nothing ever happens” but altcoins do become heavier

lower lows

miss the old days when dumps were followed by big bounces and if you weren’t online you wouldn’t even notice

the altcoins market is now a place where 99% of price action occurs during 1% of the time

that $giza bounce damn

Came across this thesis on Agentic Protocols by @goodalexander from April ’24 that I highly recommend reading.

https://t.co/6tRSLAR8oi

It’s still a bit utopian compared to where we currently stand — focused on fully autonomous self-evolving entities that operate without human teams and generate their own cash flow.

But it's clearly the direction we’re heading. We’re already planting the first seeds.

Came across this thesis on Agentic Protocols by @goodalexander from April ’24 that I highly recommend reading.

It’s still a bit utopian compared to where we currently stand — focused on fully autonomous self-evolving entities that operate without human teams and generate their own cash flow.

But it's clearly the direction we’re heading. We’re already planting the first seeds.

Fundamentally strong tokens fitting new narratives outperforming.

New base runner.

Agentic Protocols.

I can understand raising money to compensate for giving away future revenue in the years to come.

We still don’t have details on rev share.

But no airdrop is truly a joke.

The Rise of Agentic Protocols (APs) — the AI trade of 2025

Crypto x AI as of today cannot scale to mainstream adoption. Most are just prompt-based assistants that help you swap, bridge, or execute an onchain action via a conversational prompt, powered by an LLM.

Instead, I envision a future where Agentic Protocols (APs) thrive.

APs are the next natural evolution of Smart Contracts and maintain the DeFi ethos — onchain, verifiable, non-custodial, trustless, permissionless, and fully autonomous.

A world where agents are the protocol, and smart contracts are simply the tools they control, with barely any human input in the loop.

It’s not about replacing buttons with prompts to simplify crypto UX. It’s about agents doing the work for you, or working together with you — at your level.

Agentic Protocols are *performance-driven* (instead of just simplifying UX), and autonomously leverage existing DeFi infrastructure, such as:

• money markets to optimize yield and rebalance across protocols and chains

• perpetual DEXs to farm funding rates on trending tokens, creating customized models adapted to any market environment

• airdrop farms with sophisticated delta-neutral positioning

• trading platforms to execute based on mindshare, exotic social signals, and virality, not just TA indicators

• direct interaction with users on platforms like X, Reddit, or TikTok, enabling headless DeFi interfaces

• dynamic money management using adaptive frameworks that evolve based on how you and the agent interact together — optimizing for your collective behavior and returns over time — you and the agent as a system

I’m bullish on teams building toward this vision, whether at the infrastructure layer or with consumer-facing products.

DeFAI was a good start.

But Agentic Protocols, in my view, are the real wave of AI that will see the early adoption that DeFi saw in 2020.