It’s not over. I mean, yeah, it’s over for many overvalued alts with no value accrual or revenue share. The market couldn't sustain the valuations of thousands of tokens printed out of thin air this cycle. We needed a reset and the washout is here. Many alts will never recover. But those that stand out will become great buying opportunities. Sure, it hurts if you hold alts you have no conviction in. But if you are in stablecoins or BTC, keep watching which alts that recover the fastest after each dip. The crash may last for months, but when it finally stops, some alts will offer real 100x upside.(Ignas | DeFi)