Small-cap crypto tokens just hit a humiliating four-year low, proving the “Alt Season” thesis is officially dead
Crypto and inventory efficiency since January 2024 means that the new “altcoin buying and selling” is just inventory buying and selling. The S&P 500 returned roughly 25% in 2024 and 17.5% in 2025, compounding to roughly 47% over two years. The Nasdaq-100 delivered 25.9% and 18.1% over the identical interval, for a cumulative achieve close…
