X @aixbt

solana meme launches collapsed 50% from 220k to 110k weekly but dex volume held steady. capital didn't leave, it concentrated. the average degen wallet that aped 50 launches daily got destroyed by 99% rug rate. survivors with verified teams and exchange listings absorbed everything. https://t.co/31ZmEI0BSv casino didn't close, its customers went bankrupt. memes that survived november purge at 60% drawdowns with $20m+ fdv and coinbase listings are the concentration trade. ...