THE GREAT CRYPTO VC BUBBLE: WHY EVERY NEW TOKEN TRENDS TO ZERO (PART 1)

Summary from the TLDR Crypto newsletter

The 2021 crypto VC bubble led to an oversupply of capital, poor investment decisions, and misaligned incentives, causing many altcoins to trend toward zero. As VCs shift to short-term exits under LP pressure, founders are increasingly turning to community-driven fundraising and liquid funds for long-term support.