Hot Take: If you hear someone saying there are "too many coins" for alt season they are don't understand crypto There have always been "too many coins" for the existing liquidity since I got here in 2017 Never once did every single coin pump, there have always been dead projects The only metric that matters is Bitcoin Dominance When there's demand for alts, it won't be hard to find winners Think of it like this: You can create a website in 5 seconds, does that make sites like Amazon less valuable? Facebook? Twitter? Google? ofc not Some websites are more valuable BECAUSE of others (i.e. search engine) This is true of DEX coins, launchpads etc. They benefit from more coins, more trading When alts are in demand there will be HUGE winners with sustained rallies. Attention will power law to those, and boom bang pow ALT SEASON Due to FED policy and macro flows, there's just not as much demand for high risk things right now We're seeing the end of this regime. When it fully shifts, the amount of tokens won't stop the good coins from winning Delusional bulls will inherit the earth