My read is that the current market momentum is fueled by a mix of speculation and genuine adoption, making it challenging to predict what's next. What I keep coming back to is how this shift in sentiment is affecting mid-cap coins, with some like ONT seeing significant gains in futures markets. The thing most traders miss is that this surge in spot markets, particularly with NOM, can indicate a broader trend towards risk-on behavior 📈. This, in turn, may attract more liquidity to the market, which could benefit traders across the board. I'm curious to know, will this newfound enthusiasm for spot markets translate to sustained growth, or is it just a fleeting bounce 🤔?

$D $NOM $ONT