Altcoins Just Getting Started (proof)

What happened in this episode?

Lark Davis argues that “altcoins are just getting started”, contending that the sector has not seen a sustained move in roughly five years and attributing part of the stagnation to macro conditions. He points to a claimed correlation between altcoin performance and a rebound in the ISM manufacturing PMI, suggesting that a recent improvement could support a larger crypto cycle into 2026, while warning that memecoin rallies can be “extractive”.

He urges viewers to focus on tokens with revenue and perceived institutional demand rather than “stale and outdated tokens”, and criticises Starknet as a trade, saying the token has lacked a clear reason to buy and citing low usage metrics relative to valuation. Davis also discusses “quantum resistance” narratives in layer-1 blockchains, mentioning Near as an example of a chain he says has already shipped relevant features and has meaningful adoption, and flags Sui as another layer-1 he thinks has not yet fully rerated.

The episode then shifts to decentralised exchanges and app tokens, highlighting Aerodrome and comparing its trading volume and fee numbers with Uniswap’s. Davis claims a merged Aerodrome/Velodrome DEX launch is slated for 21 October across seven chains, presenting it as a potential catalyst for Arrow. The video includes promotional segments for a regulated US crypto derivatives platform and for Davis’s newsletter.

What are the key points?

• Davis says macro manufacturing data (ISM PMI) historically correlates with altcoin cycles and claims a recent breakout is under way.
• He predicts the current cycle could be larger than prior cycles and says opportunity cost is a bigger risk than “quantum”.
• He argues memecoin pumps may occur but calls them highly extractive compared with revenue-producing projects.
• Davis criticises Starknet’s valuation, citing what he says are low 24-hour active address figures versus a roughly $1bn FDV.
• He highlights DEX/app tokens and compares Aerodrome’s volumes and fees with Uniswap’s metrics.
• He claims a merged Aerodrome/Velodrome rollout is scheduled for 21 October across seven chains.
• The episode contains paid promotion and newsletter self-promotion segments.

Who is speaking?

Named speakers identified in Egleze's source-linked moments from this episode.

• Lark Davis

Which topics are covered?

How is this page sourced?

Programme

Lark Davis

Published

13 October 2026

Duration

11m

Original episode

Open the original source ↗

Egleze verifies the speaker, source and timestamp for each linked moment. Unless a moment is explicitly marked independently verified, statements remain attributed claims by the named speaker rather than established facts.