$FTM Read this somewhere thought to share it so you won't buy into an old shitcoin like $FTM . #NFA.
The greatest wealth generation in this crypto cycle would be bull run never coming to $ETH and the entire Ethereum ecosystem.
You see, for the inflows that require to pump $382B market cap behemoth ETH and old DeFi and new low-float, high-FDV tokens, the money would better pump multiple new sectors from this cycle: Runes, DeFi on Solana, and other L1s, DeSci, RWA, as well as memecoins.
Ethereum and early DeFi degens already got rich last cycle.
They all want another 3x to 5x to retire. Maybe the market won’t give them this chance? Let them grind for longer.
The money required for a 3x for ETH, would mean 10x for other ecosystems that can bring new fresh ideas to crypto.
It's quite possible.
The recently proposed roadmap for ETH 3.0 (Beam Chain) by Justin Drake failed to excite the community.
More importantly, it would ship in late 2020s, completely skipping this cycle.
Micheal Gone and Andre Conman are trying to be smart with loyal $FTM holders. Yet they forgot that once the holder sells and leaves, $FTM will be exactly like $LRC . Buy $ONDO $JUP. NFA
$FTM Go buy meme coins rather than this garbage. It is a gone case project even needed to rename to stay relevant. Look at $Matic renamed to $POL , any spike in price? Obviously, no.