The altcoin markets have been hard to read in this bull market so far. Alts seem to be entirely at the whim of quickly shifting narratives driven by crypto natives on social media.
This season's alt traders have a strong preference for the whimsical, making memes the strongest market segment by far. There seems to be little outside interest and readiness to do fundamental analysis on altcoins, leaving lots of good projects in the dust.
It's hard to tell whether this was just a characteristic of the early bull, or whether that's the reality that we'll be in from now on. Weird markets in weird times?
To acknowledge that we cannot really tell what the flavor of the day will be tomorrow, we are making our portfolio a bit more top heavy. Laying even more emphasis on $SOL , which has shown tremendous strength as a host for the market's meme-ishness. $SOL recently lost an important source of FUD, with the FTX estate getting locked up for 4 years.
We also added a homeopathic dose of $PEPE , simply to acknowledge that the times, they do be whimsical, whether we like it or not.
