Been in crypto since 2017 and one thing I’ve learned is markets consistently price narratives before infrastructure is ready. We saw it with ETH before DeFi scaled. SOL before the tooling matured. And now with Bitcoin Ordinals. Most dismiss early ecosystems because the UX, liquidity, and infra feel unfinished.. but that’s usually where asymmetric opportunities are born. When distribution, tooling, and attention finally align, the rare assets that survived the early phase tend to rerate violently.
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