HYPE has literally gone crazy while BTC has mostly chopped. I think most people are still stuck in the 2020-25 mentality where alts are just beta to BTC.
But in reality HYPE no longer relies on crypto to grow, its growth story is mostly around RWA perps. I think most long tail alts trend to zero since they are mostly vapor, and most of onchain trading volume goes to equities which HYPE benefits from.
We are literally seeing assets like HYPE/ZEC decouple from the rest of crypto due to their own fundamental stories. And in markets, you make most of your money understanding certain dynamics before the rest of the herd.
We are going so much higher
Welcome to the Ethereum Economic Zone (EEZ), a framework for synchronously composable rollups.
What does that mean?
One deployment. Shared liquidity. Single transactions across L1 & L2. Identity verified anywhere. Smart wallets connected everywhere. No additional trust assumptions.
This means L2s that are as credibly neutral, economically aligned, and publicly governed as the base layer itself.
EEZ furthers Ethereum as the leading decentralized economy.
The recent wave of Web3 gaming studios collapsing after raising millions shows one thing clearly: the current “tokenomics-first” and play-to-earn model is fundamentally unsustainable. Sure, it can attract big investors who can afford to play the capital game, and it can generate early traction by paying non-gamers to act like gamers. But that’s not a long-term business. It’s a temporary incentive loop.
At the same time, people often assume that having an “ex-Riot, ex-Disney, ex-AAA” badge guarantees success. It doesn’t. They worked inside already-mature ecosystems with stable pipelines, proven systems, and massive teams, not in the wild west of Web3, where the rules aren’t established and sustainability is not a given.
That’s why the real opportunity may actually lie in indie-sized studios, teams that operate with discipline, build sustainably, and deliver real products on lean budgets. These teams can ship, iterate, and find product-market fit without burning tens of millions. Many of them are already showing better retention and healthier communities than the over-funded giants.
I’m not saying this because people should suddenly focus on Khuga or Khuga Labs, we haven’t “won” yet. But we’ve consistently demonstrated that we’re moving in the right direction, building with intention, and proving traction through actual product, not just storytelling or token hype.
Just my two cents. I’m not here to change anyone’s view of Web3 gaming. But if what we deliver ends up shifting that perspective, then that’s simply a bonus.
And if anyone here is curious to learn more about what we’re building, feel free to reach out. We’re always ready to share our story and if it aligns with your vision, we’d be honored to continue writing the next chapters together.
We’re proud to share that Khuga is one of the Top 50 teams selected from 700+ applicants for @base Batches 002, and we’ll be presenting live today at @EFDevcon in Argentina. 🇦🇷
Honored to represent Southeast Asia and @baseindo and show what we’re building in the Khugaverse 💙
Khuga Bash looks and feels brand new.
With our updated UI/UX, we’re laying the foundation for console build and an even bigger story mode experience soon. 😼💥
Most people won’t make millions in crypto because they check out the instant the market becomes even a little quiet.
Every cycle has this period. When volume's dead, group chats start arguing, everyone’s saying it’s over, CT’s turned bearish.
Most people get bored here.
They stop watching charts, they check out of their groups, enjoy life a little too much and stop improving.
But this is where the real winners separate themselves and it’s what every person I know who made millions in this market did.
They stayed in the game when everyone else stopped caring.
The ones who make it big are the ones who keep believing in crypto even when it’s down, because they understand that this moment is only temporary and the madness will come back at some point.
They analyse previous cycles, study new metas, learn what’s coming next and deepen their network.
They use this quiet period to lay the groundwork for when the market returns.
If you’re still here reading this tweet while most have already checked out, you’re already ahead.
Because when momentum returns, most won’t be ready.
But you will.
This is the phase that forges the next round of millionaires.
Survive it. Sharpen through it. Embrace it.
When opportunity returns? You won’t need luck. You’ll be ready.
Crypto Twitter is dead.
The phase is over and most people don't even realise it yet.
CT’s magic was discovery. Narratives & metas forming in real time. Ecosystems rising overnight. We weren’t just observing the market, we were part of it.
The OGs like @cobie, @loomdart and @HsakaTrades shaped its voice.
2013 was chaos.
2017 was discovery.
2021 was euphoria.
"Up only" was the saying.
It was us vs the world.
Truth is, so much of what CT initially wanted has now been achieved.
We saw institutions start coming in around 2021. Big companies started buying BTC. We now even have ETFs for BTC, ETH, and SOL. We were literally dreaming of this in 2017.
We've come so far, but this cycle was different.
Between 2023 and 2025, the casino industrialised itself.
PumpFun started diluting the market with tokens. Liquidity was so fragmented that even during what was objectively an alt season, most people didn’t feel it, their coins never moved
Market makers became industrial extractors on behalf of teams. KOLs were the middle men between retail and these extractors. Every memecoin became a micro-extraction machine.
In the end, it was just incentives, that's how the world works.
When that much money flows through a community, the incentive is to build systems that extract from it and profit.
Even celebrities and politicians like @realDonaldTrump got involved, extracting billions in the process.
We did have a few euphoric periods in this cycle. Notably: March 2024, January 2025 & July 2025 but what generally happened is that liquidity that came from retail and CT simply further concentrated itself into the hands of the extractors.
Retail came and left, disillusioned, exhausted and poorer.
But beneath the exhaustion, something new was forming.
While retail and CT were playing around with metas and memecoins, the big players were building the rails for something much bigger.
Stablecoin settlements quietly surpassed Visa and Mastercard in 2024, amounting to 28T in volume that year which is insane.
Tokenisation of real world assets was literally talked about by Larry Fink a week ago at the FII Insitute's 2025 summit.
These are the people who control TRILLIONS in capital and they're all pointing in the same direction.
This isn’t the death of crypto, it's its next evolution.
The exhaustion we’re feeling now had to happen. It’s a reset, the system burning off what needed to die: scams, dopamine trading, vapourware.
The next phase of crypto won't feel quite the same like CT did.
It will still be speculative but will be much more grounded in real value.
Robotics, AI and tokenised real world assets are becoming the new engines of the global economy and I really believe this is where the next cycle of ‘speculation’ will emerge for us to take advantage of. Tokenisation will link industries, AI will optimise them and robotics will bring them to life.
The casino's still here but the games have changed. CT will still have a voice but it just won't be nearly as strong as before.
But what’s coming isn’t smaller, it’s smarter and if anything, it's bigger because there will be more capital in the system.
Those who adapt to this quieter, higher IQ cycle will become the next generation of whales, builders, and thinkers.
CT didn’t die.
It grew up.
And those who evolve with it will define the next era.
in 2021 cycle, people were psyopped to thinking that their NFT gave them true ownership
for the people that were astute and discerning, this illusion fell apart fairly quickly when nft projects started to raise venture (i.e yuga labs raised $450M seed in march 2022, but still ran with the narrative of ownership)
the tension was: if this nft represents "ownership", what is the ownership in? and why aren't VCs buying these pfps and instead trading their capital for shares in a private LLC? and why are yuga labs lawyers calling the nfts "products people bought"?
however, even with the illusion shattered, many did not realize it or chose to ignore it out right, and the outcome was incredible: hundreds of people in these nft communities mobilized around their pfps, creating businesses and products, and rallying under the banner of collective ownership
as sad as the state of nfts is today, the energy around the perceived ownership was real, and we're beginning to see early signs of that energy with @feyprotocol
in just a few days, we've had teams mobilize to create infrastructure, projects, and memes for fey - and it doesn't feel it's done purely in the spirit of "i hope the number goes up" as is common with memecoins
it feels like people are beginning to believe in the concept of ownership again, and bringing that energy here.
because with fey, the ownership is real - it's bound by smart contract code, forever
✳️