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Opinion by: Daniel Taylor, head of policy at Zumo
Crypto X communities think tokens are toast. Here’s why they’re right — and dead wrong.
If there were one chart to sum up today’s crypto token meta, it would be Bloomberg chart-boxing its comparison of Bitcoin (BTC) against an altcoin basket. Bitcoin holders are jubilant, watching it approach an all-time high. Tokenholders are bloodied and bruised, seeing their holdings wither away while Bitcoin soars.
With BTC dwindling to just 11.6% of an average retail investor’s portfolio, it’s been a…
