Degen Edition - STFX
Jan 23, 2023
• 7
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In our last issue of DeFi Digest (On Tokenomics), we acknowledged that multiple projects with weak tokenomics have performed well in the past. This points towards the prevalence of narratives driving price action, even nine years after Bitcoin was birthed. Instead of lamenting on this or waiting until fundamentals become consistently relevant (read: after crypto ceases to be a nascent asset class), market participants can recognize high-probability, narrative-based oppo...