Lark Davis shares his unfiltered take on the current crypto market sentiment, the fallout from Solana’s meme coin scandals, and the broader macro landscape. Despite the negative sentiment, he remains bullish on Bitcoin and altcoins in the long run.
1. Crypto Sentiment Is at Rock Bottom
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Crypto feels “broken” as scandals and market sell-offs have shaken investor confidence.
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Altcoins, especially Solana-based ones, are bleeding, but this kind of despair often signals a bottom.
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Despite the doom and gloom, the NASDAQ is at all-time highs, which could mean risk appetite returns to crypto soon.
2. Solana’s Meme Coin Crisis – Not Solana’s Fault?
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The Solana ecosystem is being rocked by scandals, involving major scam groups
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Scam groups have drained liquidity and crashed multiple Solana projects.
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Solana itself is not to blame, just as Ethereum wasn’t responsible for the ICO bubble in 2017 or NFT mania in 2021.
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Solana will recover, but short-term headwinds remain due to market sentiment.
3. Bitcoin Is Holding Strong – A Sign of Resilience?
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Bitcoin is still trading around $96K–$100K, showing remarkable stability despite the chaos.
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Key breakout level: $98,500 – if Bitcoin clears this, it could send the market higher again.
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Even with all the negative news, Bitcoin has not broken down significantly, which shows strength.
4. The Bigger Picture – Crypto’s Future Is Still Bright
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Altcoin ETFs, a strategic Bitcoin reserve, and institutional adoption are still coming.
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Aptos, Sui, and even Litecoin are seeing significant inflows despite the market uncertainty.
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Solana unlock fears are overblown – most sales are done OTC and won’t crash the market.
5. How to Survive This Market – Lessons from 2021
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Bull markets climb the “wall of worry.” Negative sentiment often precedes a turnaround.
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Don’t overexpose yourself to meme coins - they are fun, but most are pump-and-dump schemes.
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Take profits when the market pumps - the worst mistake is not selling when you should.
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Stocks like AI and robotics could be better long-term plays than some crypto projects.
🔥 Final Take: Crypto is going through one of its darkest sentiment phases, but Bitcoin’s resilience and institutional interest suggest a recovery is coming. Solana’s meme coin crisis isn’t its fault, but it will take time to regain trust. This isn’t the end of the bull market, just another painful chapter in crypto’s volatile story.
