X @BREAD | ∑:

We will come to categorize tokens in "generations" the same way we do for their tech stack.There are far too many gen1 tokens in this industry, which have ~0 structural ties to the success of their protocol/ecosystem for fear of regulatory blowback.These tokens are ngmi.There is a new generation emerging, with tokens like $HYPE, $AERO and $PUMP, which the market clearly wants because they aren't afraid to signal that there is value-alignment.Many incumbents with both tech and token debt will move too slow t ...