Of all the onchain runners this year, $PONS reached the highest mcap at the top, and it's not even a memecoin Until things change, one can assume onchain runners have a low ceiling
Crypto Narratives
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с 20 июля 2026 по 12 октября 2026 · минимум 21 600 · максимум 21 700
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$AERO is holding pretty well despite the recent weakness in altcoins The Aero launch is a very strong catalyst. Looks like we will be able to run the textbook "long into the event then sell the news", which is one of the most standard trades in crypto, but is profitable.
Coins that have pumped very hard with a lot of mindshare in crypto tend to have muscle memory : they pump again at some point when risk-on szn comes back That's how we have the echo bubble phenomenon, for example in May 2025 with the 2024 memecoins. Same for the VIRTUAL and SUI pump in April 2025. Or the dino coins (XRP/XLM/HBAR) in July 2025.
Reminder that 18 of the 20 highest bottom-to-top token ROI you could have gotten on Binance for the past 12 months are all scam coins Literal crime coins
Is $VVV finally cooked? Top performing (non-scam) coin from the bottom by far (+3700%), sub $10M annual buybacks for a $2bn FDV coin...
Largest altcoin drawdown since the beginning of this risk-on season in mid-August I remain bullish HTF on BTC, but will go into opportunistic mode on alts Spot remains untouched but perp accounts are going closer to net neutral
Not a comfortable PA with this endless bleeding since the $BTC failed breakouts Hopefully this line acts as support
In November 2025, it was clear that $ZEC was topped around $750 for a while, and that it would need months to digest the move This time, it's less clear, because ZEC has been defying odds by having such a strong pump above its 2025 highs, suggesting that it's truly an outlier I would expect to see lower prices anyway in the near term, there's a lot of uPnL on a coin that is now massive in size
Recap of the past 3 weeks in crypto: - BTC broke out of its 1-month range to $87k and is once again in a consolidation phase. Altcoins have outperformed BTC in September. - The Robinhood chain narrative has cooled off, most related coins topped in September (PONS, AI, CASHCAT, UNI, ARB) • $ZEC reached a top at $1700 after +240% returns in a month. Currently down to $1300. The other main ZEC adjacent coin is $NEAR,…
https://cryptonarratives.substack.com/p/september-2026-recap-narratives-best