Degen

Why tokens don’t hold value anymore:

New tokens are launched every single day.

New token? 🚀 Pumps to $3M, $5M, $8M, maybe even $20M MC if the hype is strong enough.
But that’s usually the ceiling — it rarely goes further.

But the hype cools off.
A new token is born.
Money rotates.
The 1-week-old token dumps 50%+.
Everyone rushes into the next shiny thing.

This happens on repeat.

Attention doesn’t stay.
Conviction doesn’t exist.
Communities aren’t communities — they’re exit liquidity farms.

People don’t believe in your new token.
They just want to extract max profit from it.
Once that’s gone, they vanish.
No support, no loyalty. Just pure rotation.

That’s why we no longer see tokens reaching or maintaining high valuations.
Because nobody’s holding.
Nobody’s building belief.
Everyone’s just farming and dumping.

Remember when $DEGEN reached crazy heights?
It was because people believed. They held. They cared.
But once farming and instant exits took over, it crashed — not from lack of value, but lack of conviction.

And this cycle continues every single week.

There’s always a new token launching today — and people will ape in just for the hype.

This is NFA, but the best thing you can do is be early, ride the wave, and take profits.

Be wise. Don’t marry the bag.
Most tokens won’t make it long-term. Just a few will still be around in a couple of years — the rest will be forgotten.

Remember $POINTS?
One of the first tokens launched on Farcaster. It had so much hype that even CT aped in.

Where is it now?

Exactly.
Nobody talks about it anymore.

The same thing will happen with 90% of the tokens you see people buying today.

Until the market shifts into a true UPONLY mode again, this rotation meta is here to stay.

Rant over. Feel free to share your thoughts in the comments.

>Initials / Capital 
>Profit
>Tech …that’s the simple play book