This altcoin is up 62% while the market is flat...
24 Jan 2026 · 1 min

1:10
YouTube clip (Ben Simpson) explaining why the altcoin 'Syrup' is up ~62% since December while the broader altcoin market is largely flat. The speaker attributes Syrup's outperformance to fundamentals: a new buyback model (MIP019) that sends 25% of protocol revenue into token buybacks, strong revenue at Maple (approaching $100M ARR), and large institutional lending activity (a $500M loan) which increases protocol revenue and funds buybacks. The speaker advises preferring fundamentally strong projects over meme/hype tokens when allocating altcoin exposure.
Questions this video answers
62%.
6% (up).
56%.
25% of protocol revenue.
Approximately $100 million ARR.










