Uttam(@uttam_singhk):on a serious note: I don’t think many people realize how important this pump was for the crypto industry -> i was in touch with a few well known crypto teams that were running out of runway because a big chunk of their treasuries was held in crypto (down 40-60%) -> founders were pivoting to AI because the narrative was “crypto is dead” and VC interest had dried up -> a lot of talented people left the industry bc crypto companies simply weren’t hiring & ofc layoffs I know this pump might not have been that big or seemed like a huge deal, but it gives people hope again but hey respect the fucking pump

2026.08.21 11:09

on a serious note: I don’t think many people realize how important this pump was for the crypto industry -> i was in touch with a few well known crypto teams that were running out of runway because a big chunk of their treasuries was held in crypto (down 40-60%) -> founders were pivoting to AI because the narrative was “crypto is dead” and VC interest had dried up -> a lot of talented people left the industry bc crypto companies simply weren’t hiring & ofc layoffs I know this pump might not have been that big or seemed like a huge deal, but it gives people hope again but hey respect the fucking pump

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