X @Andy

RT KP 🐍 (@0xkp__)We've probably peaked in alt tge valuationsAlthough permissionless liquidity events are a feature not a bug of our industry, market has learned it incentivizes the wrong behavior which is1) pushing of a token (public liquidity event) way too early in a business's life2) massively over compensating lack of fundamentals with narrative3) running unnecessary raises with artificially long lockups to juice the public offering val (launch high with no supporting fundamentals at a cyclical opportun ...