A lot of memecoins will teleport to pre-“it’s over” prices very quickly, as soon as the market proves that it is not, in fact, “over”.
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Defi founders who've already cashed out 500M-1B from their coins switching off support for their tokens and redirecting revenues to themselves. It's obvious what's happening. The token game as we know it is ending & needs a full restructuring if the space is to have a future.
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"Look at those who fail, and you will find that most people fail not because they make mistakes, but because they are not fully committed, and the same goes for companies." - John D. Rockefeller's Letter to His Son.
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