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Feb 03
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$0.25
$0.2
-20.0%
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LONG
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Jordi Alexander
Founder/CIO, Seleni Capital
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Jordi notes that altcoins are "really depressed" and back to baseline prices. He explicitly names LayerZero and EigenLayer as examples of "super big names" that are now cheap. The market has indiscriminately sold off these assets due to the October 10th liquidation cascade and general nihilism. This is a "survival bet." If you believe these protocols will exist in 3 years, the current price represents deep distress value rather than fundamental valuation. LONG (Distressed Value). Buy the "fallen angels" that have real tech but broken charts. The project could actually go to zero if they fail to pivot to a revenue-generating product model. |
The Block
Is crypto dead, or is there hope for 2026? Wi...
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