40M → 3B → Web 3 VC Investing & AI | Alpha Uncovered x Kelvin Koh (@SpartanBlack_1 ), Spartan Group (@TheSpartanGroup) youtu.be/ACS1H4FEEIk?si=5Bcz… Inside how the altcoin cycle really works — from private market hype to public market reality. Kelvin breaks down why valuations exploded from $40M to billions, why many tokens collapse after launch, and how venture capital dynamics shape what retail investors eventually see. From “tech is not the moat” to the constant rotation of narratives — #BTC #L2s , #AI , #stablecoins — this is a framework for understanding where capital flows, and where it doesn’t. This isn’t about chasing the next coin. It’s about understanding the cycle before it repeats.