Well, has it? Like I can distinctly remember back in 2021 when it seemed like crypto was everywhere. Buy bitcoin this, buy ethereum that. Elon Musk was pumping dogecoin. Even heading into late 2024 when Trump won the US election, there was this massive wave of hype for the first "crypto president", and bitcoin was gonna go to the moon or whatever.
Now fast forward to today - bitcoin is stuck in a lull, Trump coin is down 97% from its ATH, and general overall interest in crypto appears to be drying up outside of terminally online "HODL" bros.
I'm not saying the price of bitcoin has necessarily "peaked", like do I believe $125k is likely the peak for all of eternity? Probably not. But the generational gains of the early adopters, the wave of big hype, it all seems to have passed us by at this point.
What are your thoughts?