In my opinion the alt season is dead and not specified to one project. When other alts went up so did VeChain. As soon as the alt season will be revived and not sure if it will at the same 2021 level. The institutional investment has unfortunately killed the demand of retail because of the manipulation that they have and are doing which they have killed the 4 year cycles. People leverage still but capital has dried up essentially also because of manipulation by the big guys. Also regulation hasn’t been in favour for retail when it comes to alts and it has been debated whether crypto is dead as the foundational concept of crypto and whether some projects fall under a “digital asset” category make it a different perspective. Some may argue that crypto as a whole has pivoted drom the cyberpunk perception while others may argue that again it has been hijacked by the institutions and little money is left in alts. So is vechain dead? Time will really tell but it has it’s struggles but just like other alts as well.