Recently, I came across an interesting perspective: In the crypto space, the story behind every project is essentially just pricing its market cap.

What does this mean? It means that the higher the market cap, the more convincing the narrative becomes; if the market cap can't rise, no matter how impressive the story is, it's still just a story. This is the truest side of this market—the numbers speak for themselves, and narratives are just reasons to justify the numbers.