StacyMuur

Even before everyone started solo founding things, the Product Hunt graduation (startup → Series A) was at 0.78%.
I assume in 2026 this number will be closer to 0.15%.
In 2027 – 0.05%.
Worse than memecoins.

So you're telling me that $SPCX is essentially $TIA but for stocks?

I think one of the main reasons why the market is tanking rn is because a lot of institutional capital is focused on AI.
I mean look at this:
→ Nvidia posted $81.6B quarterly revenue, with $75.2B from data center revenue
→ S&P 500 ex-AI is only up 3.5% in 2026 while an AI-focused index is up nearly 50%
That's a pretty clear proof point for AI demand, BUT I don't think it's all doom and gloom for crypto.
Stablecoin mcap is still huge at ~$316B, hitting a new ATH in March.
Tokenized Treasuries are one of the clearest winners here as the market approached $15B by May, up 4 from $12.9B in April.
S

I think x402 is way more alive than the chart makes it look.
For those unaware, x402 is a payment standard that enables AI agents to pay for the data and services they use without a human in the loop.
Cumulative transactions blew past 100M, almost all of it in a couple of months.
In reality, most of that activity was fake.
There was a memecoin on @base called PING that you minted by making an x402 payment. Since minting cost almost nothing on Base, people did it over and over, which is what blew up x402's numbers in the first place.
Once the PING frenzy died down, daily transactions and volume

zkSync has raised $458M in total from VCs.
$200M in the Series C at a $1.25B valuation.
It now has an FDV of $235M.
VCs do also cry.

= no memecoins
Very bearish for all memecoin infra tbh