To get the advantage of the future bull cycle except searching | ChainHedge

To get the advantage of the future bull cycle except searching for new innovative projects which will pop up during the crypto winter, we also have to track significant pivot shift for old ones that still have funds for development.

Most likely old models of hyper inflation, *useless* governance tokens etc. will stay in the past with the last hype since their TVL was supported only with stimulation and now when token price go down usability goes down as well. Right now it is hard to find any projects with sustainable fundamental metrics(except ETH, BTC, some others) which leads us to conclusion that old economic models don't work and have to be significantly adjusted to resurrect.

Good example for previous cycle(2018) was dead ETHLend which turned into AAVE. Even AAVE still didn't create any serious value catch economics for it's token, hype growth driven by service popularity rise helped them to survive previous depression cycle otherwise nobody would remember them as other 95-98% projects, including endless list of of cheap Ethereum killers.