📉 LATEST: Scott Melker says the era of “throw a dart and get 20×” altseasons is over 🎯
What is happening?
$BROCCOLI714 • Scott Melker says the broad, speculative altseasons of 2017-style crypto are unlikely to return
$BANK • Back then, investors could buy relatively unknown altcoins and sometimes see enormous gains with little fundamental analysis
$TUT • Today’s market is more mature, liquid and institutionally driven
• Capital is increasingly concentrated in assets with stronger narratives, liquidity and fundamentals
What this suggests:
• Future altseasons could be more selective rather than market-wide
• Infrastructure, RWAs, stablecoins, DeFi and other sectors with real adoption may attract more capital
• Tokenomics, revenue, liquidity and actual usage could matter more than hype alone
Context:
• The number of crypto assets has exploded since 2017
• More institutional capital also means larger pools of money competing for fewer high-conviction opportunities
📊 Market takeaway:
⚠️ Potentially bearish for low-quality altcoins, but bullish for quality projects. The next major altseason—if it comes—may reward investors who identify the strongest narratives rather than simply buying hundreds of speculative tokens and hoping for a 20×.
#scottmelker #bullish #BTCPayServerExploitDrainsLightningNodes