You can see the relative lack of euphoria in altcoins this cycle by looking at the top FDVs reached
This cycle (2024-2025) :
WLD - 117bn
$TRUMP - 75bn
$SUI - 54bn
TON - 42bn
$HYPE - 35bn
Last cycle (2021)
FIL - 372bn
ICP - 249bn
ADA - 139bn
BNB - 119bn
LUNC - 113bn
DOGE - 90bn
DOT - 76bn
FLOW - 57bn
LINK - 51bn
SHIB - 44bn
AXS - 43bn
UNI - 43bn
OHM - 40bn
GALA - 35bn
