“Yeah, you have two dichotomies happening in crypto. One is institutional crypto has never been better, right? You have Jamie Dimon used to call crypto, you know, a scam. And now, you know, JPMorgan's pushing into tokenization and, you know, they're going to start custody in crypto and stuff like that. So institutional markets are ripping and the token markets suck, basically. And the other thing that's happening is— and I have a bunch of thoughts on why tokens are down only essentially, you know, And they are.”