The first and continuing trend is to buy the institutional coins. The emerging trend is the buyback meta. It’s clear most coins are bleed only unless they are buying back. $HYPE led the way and others are seeing the light.
If you followed me last cycle, we absolutely killed $near on 2 occasions from the lows to telling everyone to sell at 18 and the deadcat afterwards. Fully exited before 3AC/VCs cooked the books. I think now that all VCs are out and the intents protocol is picking up popularity. People will realise how big of a L1 it can be. Fees from intents commited to buybacks of the native token creates the flywheel effect too. Allocating a portion of your portfolio at 1.9-2 yesterday with me is a serious hold, the volume and fees are starting to spike and several rumours about treasuries allocating.
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