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Steady Lads #49: Jordi Wins a WSOP Bracelet Amid Market Armageddon!
Steady Lads
Assessing Altcoin Performance and Market Dynamics
The speaker is evaluating the poor performance of altcoins with large supplies entering the market daily. They discuss the low launch prices of new altcoins and question whether it is a good time to buy from public markets, despite them being labeled as VC or KOL bags. The speaker points out disappointment in new launches like zk sync, glen zero, and neblast due to the lack of demand for altcoins. They predict that these altcoins might surge if the market turns positively from an ETF, but may also crash if there is no support from the ETF. The speaker highlights the relative strength of ETH/BTC pair in recent weeks, suggesting confidence in the flows expected for the ETH ETF.
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