looking at this chart honestly sums up the whole cycle, only a handful actually made money.
those who booked profits early and didn’t overstay made it out fine
the rest who kept holding with conviction thinking “it’ll bounce back soon” just ate the pain
almost every sector’s down bad… DeFi, AI, gaming, RWAs, perp DEXs.. all nuked 60 to even 80%
only exchange tokens and privacy coins survived. only real winners this cycle were the founders and exchanges themselves..
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