ChazzleDazzle I will say this, I think almost every single cryptocurrency is overvalued; this market is based off of making money and many of these coins are hyped up garbage. I will use SHIB and Floki as perfect examples as such a notion; they overshadow great projects like AERGO, HEX, ICX, HNT, BSC because of hype and more speculation surrounding price increases. There is a fundamental reason why in one bull market, other cryptocurrencies outshine another. Lets use ICX for example, a pivotal interoperable chain; in 2017, it was realistically the only interoperable chain in existence. Now you have Polkadot, Cosmos, Chainlink, Terra among others, and I can guarantee you in 2024 there will be new chains that outpace these ones. This market lacks regulatory clarity and is based on speculation which has led us to this moment where cryptocurrency has hit a 2.1 trillion dollar market cap. I am in a fundamental belief that this market lacks the sustainability to maintain these prices, and I believe firmly that we will go down to at least an 800 billion dollar market cap again. Give me ten use-cases where real world adoption is occurring on a broad scale, and not just niche markets. You will find very few answers. Not to be bearish, but what 2021 has taught me is this, if an egotistical freak like Elon Musk can move the market by one tweet, is this market really as mature as we all say it is?
