The tweet was deleted by the author.
But we saved everything 🙂.
Early project failures set stage for new crypto unicorns, DegenSpartan notes
DegenSpartan, industry influencer, points out that some of the biggest winners in the current crypto cycle were originally failed ideas from previous years.
Highlighting examples such as Augur (2015) evolving into Polymarket (2020), and Etherdelta (2016) giving way to Hyperliquid (2023), DegenSpartan suggests that projects once considered too early or poorly designed may be transformed into leading platforms in future cycles.
Luke Martin has previously discussed the widening gap between major crypto coins and lesser projects in his analysis of the 'death-of-the-middle' trend. In commodity markets, Martin also identified a recurring pattern where oil prices reached $100 on Mondays before declining after announcements, as detailed in his report on oil's weekly high pattern. These observations provide additional context to the cycles and patterns highlighted by industry commentators.
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