Red

And for a minute there I thought we were out of the danger zone. Nope. This reminds me of the last bearmarket where BTC would drop 2% and Alts drop 20%.
Hive right now is trading just above its bearkmarket lows. Right now we are a 20x from our ATH. How reasonable is it to expect that we pull off that kind of jump in the next 10-16 months?
There are plenty alts that each bullmarket dont outperform their prior ATH. The further we drop, the more unlikely that happens for us.. all things staying as they are now (which I hope they wont).

No one said it would be easy getting through this bear and it isnt. lol. I guess venting here helps. Misery loves company.

The funny thing about all this is that PEPE pumping painted the top of the market almost perfectly. People buying into trash while the market is recovering always leads to great things I guess.

Theres also some rumors that the reason we see such a dip in alts is because an institution was forced to dump their alts due to crypto regulations. RobinHood maybe?
I support regulations personally, many of the SEC targeted tokens are securities. Theyre also fraudulent. You would think that would syphon money into alts eventually that are not. The problem is that the crypto investors dont actually care. If they did they wouldnt invest in that crap in the first place. Regulations might "make them" start caring.

I cant wait to see how it is that TRX defends itself.
If rugging your community is the pinnacle of fraudulent behavior in crypto then Justin Sun and TRX are just one step below that.