The Daily Degen(@thedailydegenhq):"The reason crypto is doing so poorly... is capital rotation to AI... The SpaceX IPO... was larger than all of crypto combined... that's insane... Until that capital rotates a little bit out... That rotation will move literally the market cap of the [crypto] industry from like $2T to $4T... $2T to $5T...." - Frax founder @samkazemian in discussion with @patfscott and @defidave

The Daily Degen

@thedailydegenhq

By @rektdiomedes. Daily breakdown of all crypto + macro news/data/alfa!

Joined May 2022

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The Daily Degen@thedailydegenhq

2026.07.10 17:40

"The reason crypto is doing so poorly... is capital rotation to AI... The SpaceX IPO... was larger than all of crypto combined... that's insane... Until that capital rotates a little bit out... That rotation will move literally the market cap of the [crypto] industry from like $2T to $4T... $2T to $5T...." - Frax founder @samkazemian in discussion with @patfscott and @defidave