Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Monday, June 12th. Today, we're talking about the altpocalypse,

a brutal weekend for crypto. Before we get into that, if you're enjoying the breakdown,

please subscribe to it, give it a rating, give it a review, or if you want to dive deeper into

the conversation, come join us on the breakers discord. You can find a link of the show notes or

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breakdown pod. All right, friends, happy Monday. As you can tell, I am mostly back to normal or at least

close enough to proceed with the voice. Been interesting to get your feedback on the AI readings

this weekend. It seems like a lot of you were like me impressed with where the technology

is, even if, of course, it's not an exact one-to-one substitute. It won't be my normal plan of action

to use AI for Long Read Sunday, but it's good that we know that we now have a tool. If you felt

differently and you hated it, also let me know that on Twitter at NLW because so far it's

been mostly positive feedback, at

least when it comes to the novelty. But anyway, coming to our show today, if you were watching

the coins on Friday night, well, let's just say for the sake of your Friday night, I hope you

weren't watching the coins. Today, obviously, we are exploring the alpocalypse that said a slew of tokens

down by 15, 20% plus and asking, of course, what drove it, but to do so, we have to go back a little

bit earlier. On Friday morning, Robin Hood announced that they would be ending support for all

the tokens named as securities in the lawsuits brought by the SEC last week.

That delisting will affect Solana, Cardano, and Polygonsmatic.

Users will be able to access transfers in trading for the three tokens until June 27th.

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