Thoughts on CPI and its DeFi trickle-down

That higher-than-expected CPI print last week definitely threw a wrench in the works for a lot of rate-sensitive assets, and you can see it still bleeding into the riskier corners. We're talking about a macro environment where the Fed's not exactly going to be cutting anytime soon if inflation stays sticky. This obviously weighs on the narrative for high-yield DeFi plays, as the 'risk-free' rate starts looking less anemic by comparison.

I'm still watching projects with real-world asset (RWA) integration, or those with genuinely sustainable revenue models, not just token emissions. $SHIB, for example, is still getting pushed around more by sentiment than utility, sitting around that $0.0000041 mark. If traditional markets feel the pinch from sustained higher rates, the flight to perceived safety, even within crypto, will accelerate. My watchlist is shrinking to protocols that can withstand a longer period of tight liquidity and less speculative capital.