Trend · Nov 13, 2026 00:21 UTC

stablecoin minting still sets the tone for build — developer activity is overpricing retail

Cycles rhyme, but the plumbing underneath keeps changing.

Put beside current chatter on “Crypto Market Faces Its Biggest Liquidity Warning Since 2022,” the incentive problem looks clearer.

Ignoring stablecoin minting because bridge security looks exciting is how late-cycle mistakes compound.

Ignoring governance turnout because Ether looks exciting is how late-cycle mistakes compound.

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