【Thor Hartvigsen】 We're 4 months into the year and have already seen a massive increase in the supply of altcoins. Made a list of the ones I can remember from the top of my head. This is ALREADY 8.6b in additional liquid supply injected into the market. And 70.5b in total unlocked over the coming years. Average float (mcap/fdv) of these new tokens at a mere 13.6% And trust me, this is only the tip of the iceberg in terms of new supply/tokens coming this year: • Modular infra • Bridges/cross-chain messaging • LRTs • EigenLayer • L1's/L2's/L3's • Perp DEXes etc. etc. Oh and the 2023 cohort is also unlocking this year with many cliffs ending. If you're in the 'mid-longterm altcoin investing game', good luck🫡