cross-exchange spreads remains the swing factor for narrative durability: reading the Dilution Could tape

Ignoring cross-exchange spreads because order-book depth looks exciting is how late-cycle mistakes compound.

Put beside current chatter on “AI IPO Dilution Could Fuel Crypto’s Next Rally, Analyst Warns,” the incentive problem looks clearer.

Useful frameworks survive longer than seasonal slogans.

Cycles rhyme, but the plumbing underneath keeps changing.

Keywords: Creators of Future Wealth Prophets in the World of Digital Currency · lending · Virtual Currency Leader