Community post
Altseason cancelled
https://img.inleo.io/DQmNa7YHDDssBK8rh2o6qxoC9yWXAHhBsdwdma6kjsSNjMo/image.png
Pump.Fun’s launch is directly tied to the altcoin market’s collapse against BTC.
There hasn’t been a real "alt season" for major coins because the speculative capital that would’ve flowed into top 200 assets instead rushed into low-cap on-chain plays. Early entrants and insiders made insane money (and still do), but most retail apes who jumped in late got wrecked—same as every cycle.
The difference this time? Instead of losing money in relatively liquid CEX alts like in 2022, they got trapped in illiquid on-chain memes that nuked -70-80% almost instantly. This led to a wealth destruction event worse than the early 2022 bear (LUNA aside), even while BTC and some majors kept trending up. No wonder sentiment is so grim.
Pump.Fun flipped the game—arguably for the worse—but also turned crypto into the biggest casino in the world. And like it or not, that’s a powerful onboarding tool.
I don’t blame Pump.Fun. It emerged as a direct response to aggressive crypto regulation, which made fair launches nearly impossible. The SEC essentially forced the industry to pivot toward retail-driven models instead of another 2021-style VC/insider pumpfest.
Since 2017, crypto hasn’t figured out a truly fair launch model (airdrops like JUP come closest). Maybe that changes under Trump.
Posted Using INLEO
Replies (6)
Back to the drawing table...and so we wait..
Seeing so many convinced that the bull market is over during the first month of the fourth year was a real eye-opener for me. Seriously struggling right now wondering if I need to dump my remaining BTC for my alt bags. CACAO is strong on the list as my smallest bag and seemingly most competent community.
Yep, alt season is not cancelled, but there will only be a handful of high performing tokens out there
Good luck finding them - I do think cacao is one of them, and I want to believe hive as well will be one, but time will tell
We like to remember Hive as not performing last cycle but it went x30 from the bottom.
During that time it pulled an x15 against Bitcoin.
There's a lesson in that.
No te siento tan convencido mi estimado, estoy espera y aguarda espera y aguarda.
Espero no esperar demasiado.
Es porque no lo estoy jeje, 99% de los tokens en existencia van a desaparecer o perder tanto valor que sus comunidades desapareceran...
Me gustaria decir que Hive va a lograr, pero no lo se. En este punto tengo Hive en wallets anonimas, pero no voy a hacer power up, lo tengo listo por si decide explotar, y despues comprar barato durante el siguiente bear market... si es que sobrevivimos