We need to start viewing our industry as a mid- to long-term play. With more institutions jumping in, we’re facing more regulations and lower multiples. Back in the day, market makers were the ones calling the shots and pushing news our way, using a bunch of inputs. Now, though, our news sources are drying up, and that’s why the multiples are tanking.

Utility tokens need some serious backing from T1 centralized exchanges; that’s a major reason why the whole scene is struggling right now.#binancetradesmater