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Original article translated by: Deep Tide TechFlow Ansem declared the market had peaked, and CT called this cycle “crime.” High FDV (Fully Diluted Valuation) projects with no real-world applications have squeezed every last penny out of the crypto space. The bundled sale of Memecoin has tarnished the crypto industry’s reputation in the public eye. Worse still, almost no funds are being reinvested in the ecosystem. On the other hand, almost all airdrops have turned into scams designed to pump and dump. The sole purpose of Token Generation Events (TGEs) appears to be to provide exit liquidity for early participants and teams. Firm holders and long-term investors are suffering heavy losses, and most altcoins have never recovered. The bubble is bursting, token prices are plummeting, and people are furious. Does this…# Analysis# crypto# ethereum# Market# TokenPre
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