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![rpahlmeyer Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20917638.png) Ralph [@rpahlmeyer](/creator/twitter/rpahlmeyer) on x 2432 followers
Created: 2025-07-26 00:34:01 UTC

I think we’re already at the phase of running out of crypto native capital for altcoins.  The only thing pushing up these markets are the corp treasury vehicles.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948904606807064904/c:line.svg)

**Related Topics**
[inflation](/topic/inflation)
[tops](/topic/tops)
[market cap](/topic/market-cap)
[alt](/topic/alt)
[alts](/topic/alts)
[altcoins](/topic/altcoins)

[Post Link](https://x.com/rpahlmeyer/status/1948904606807064904)