calling them monies doesn't change anything
its literally the amount of usd chasing Bitcoin compared to the amount of usd chasing xmr/gold/silver. that fiat trying to find a safe haven.
how is that "unrelated to usd investment"?
or you think the price increase in silver is because suddenly more people think its a better money?
and that will change sometime in 2026?
your graphs are primarily measuring relative fiat speculation.
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I don't think of it as a purity test. I think hanshan has a unique insight into that usd is the unit in which all things are valued. The dollar value is what these charts still show.