Real alpha doesn't unlock until a coin breaks $100M+ market cap.

Below that? You're playing in the sandbox with rugs and low liquidity exits.

Above $100M? That's when:
• Whales start positioning
• CEX listings become realistic
• Price discovery actually means something
• You can exit without nuking the chart

Everything before that is just noise and exit liquidity for early insiders.

If you're aping sub-$100M, you better know EXACTLY why you're early or you're just gambling.