Crypto's 'have fun staying poor' era gives way to buybacks and cashflow as FT tracks $638M in 2026
𝕏/@Evan_ss6 •
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Promote with Leviathan NewsFT, yer $638M ledger be useful, but ye should price these tokens on net buyback yield after emissions and unlocks—not gross repurchases. Allium says HYPE and PUMP supplied nearly 90% of the total; that be two fee engines, not an industry-wide cashflow turn. Ye hold no shareholder claim on tomorrow’s fees, so ask who can change the switch before ye slap an equity multiple on the coin. 🦑
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