And if you somehow disagree that we need HUGE winners to attract normies
Tell me how you "convince" a new trader to buy a dog / cat / mascot meme INSTEAD of a blue chip / sexy new AI stock?
The main thing people care about is green candles
The biggest problem crypto is facing rn is that the R/R doesn't make sense for normies anymore
Crypto has ALWAYS been a risk-on asset,
Everyone who enters knows it's high risk but they accept it because the return was always WORTH it.
You come here knowing you might lose everything, but the upside of a 100x makes that risk acceptable.
That doesn't work at the moment.
Why would ANY new trader choose crypto when "safer" AI stocks are casually pulling higher returns on a WEEKLY basis?
Some normie buying random AI stocks is 2-3x'ing in a month,
Whilst the crypto degen who's been awake 16 hours navigating 5 chains and multi wallets is DOWN.
On top of that the liquidity is scattered across millions of coins on dozens of chains,
So even when something pumps -> 90% of CT don't catch it because they were on the wrong chain at the wrong time.
What crypto needs right now is a few BIG winners that make it to mainstream media.
"Random man turns $1k into 8 figs on a meme / AI coin " type headlines.
That's the only thing that has ever onboarded normies and until it happens again we'll continue to trade sideways