I think some of the air has been let out of the crypto bubble so it will take some time to reach ATHs again, investors are a bit more rational and some of the worst speculative excesses like buying bitcoins on credit cards have diminished. That said I feel the days of 100x gains in a coin over 6 weeks are much less likely to come to pass.

I think now the game is for large institutional investors to jump onboard the blockchains with the strongest technology platforms for long horizons and for smaller investors to identify failing blockchains with potential and engage in activism to realize the value of the platforms. Indeed I have done so.