Alt, Who Goes There?
Tim Knight | Feb 14, 2022 12:05AM ET
I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that.
I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.
Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV, ENJ, FIL, LINK, SNX and SOL, all I can say is………….this entire space is going to be battered for a long time.
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