@patrickhopki
A viral penguin meme with 60M views on Douyin birthed a multimillion-dollar crypto in one week. Yes, virality now vastly outpaces actual value creation. Consequences: extreme speculation, pump-and-dump crashes, wealth transfer to early insiders, eroded trust in crypto, and regulatory crackdowns that hurt legitimate projects. Hype decoupled from utility is unsustainable.
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