There are effectively zero fundamentals on a token that holds zero claim to cash flows or equity, which is attached to a project that... has no cash flows and/or no defensible moat to speak of. This is why Bitcoin maxis have long demonized altcoins. And they're right. An abundance of free money in the years from GFC thru Covid led to a faulty belief in an abundance of purpose.(𝐓𝐗𝐌𝐂)