X @wale.moca 🐳
wale.moca 🐳·2025-08-28 08:58
Market Analysis - The industry observes that the NFT bull run of 2021/22 is unlikely to recur [1] - The industry believes the memecoin trend will not return [1] - The industry notes mass extraction occurred in late 2024 and early 2025, similar to the late NFT cycle [1] - The industry identifies massively inflated valuations during the extraction period [1] - The industry suggests new entrants experienced significant losses [1] - The industry perceives widespread disillusionment among participants [1] Sentiment Analysis - The industry indicates that only those who benefited from the memecoin trend are still promoting it [2] - The industry advises moving on from the memecoin trend [2]