💥👀 Altcoin selling just hit a five-year extreme, and history says this is where the market starts separating projects from narratives.

Most altcoins won't recover. That's the uncomfortable truth.

Every major capitulation wipes out the tokens that depended purely on hype, emissions, and retail speculation. The projects that tend to survive are the ones that still attract users, generate fees, and continue building even when prices are bleeding.

BTC dominance remains elevated and the Altcoin Season Index is still far from signaling a broad rotation. That means buying random dips simply because they're down 90% is more gambling than investing.

The better question isn't, "Which alt is cheapest?"

It's, "Which alt would people still use if prices stayed depressed for another year?"

Historically, the biggest winners after capitulation weren't the coins that fell the most. They were the ones that quietly kept growing while everyone else stopped paying attention.

#WarshDebutsAsFedHoldsRatesSteady

$BTC ‌$DOGE ‌$HYPE ‌