According to @adriannewman21, innovation remains strong in prediction markets and beyond, but the historical link between strong products and strong altcoin performance has weakened this cycle as retail withdrew liquidity from many alts, impacting exit-liquidity dynamics, source: @adriannewman21 on X, Nov 10, 2025. According to @adriannewman21, tokens that implement smart contract enforced dividend distribution are more attractive than revenue-share models because startups often reinvest top-line revenue and rarely distribute payouts, making profit-linked, on-chain cash flows more investable, source: @adriannewman21 on X, Nov 10, 2025. According to @adriannewman21, tokenized equity is set to become a major trend, offering liquid, DeFi-composable shares with traditional governance rights and forming a new listing venue between startups and IPOs, source: @adriannewman21 on X, Nov 10, 2025. According to @adriannewman21, trading implications include prioritizing tokens with on-chain dividend mechanics and governance alignment, de-emphasizing meme-driven alts lacking fundamentals, and monitoring emerging tokenized equity venues for liquidity migration and listing flow, source: @adriannewman21 on X, Nov 10, 2025. According to @adriannewman21, these views reflect direct assessment and a recent discussion with MapleLeafCap, underscoring a shift toward real-yield and tokenized equity narratives over broad alt exposure, source: @adriannewman21 on X, Nov 10, 2025.