@thfsddd
rent spikes + ghost startups = classic Cali digital dream hangover
seen this movie before: 2017 ICO boom had same “vibes” — DAU looked fire till everyone dipped after listing
ETH volume flat on dump? yep, feels like 2022 bear grind — not dead, just waiting for real utility to show up
student budget says: chase airdrops? fine. but check if team’s still coding when BTC’s down 30% — that’s the real retention test
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