X @wale.moca 🐳

Market Sentiment & Participation - Crypto and CT's initial success relied on the promise of significant gains for average participants [1] - Recent trends, including memecoins and ICOs, have disproportionately benefited top players, leading to wealth extraction from average participants [1] - The system risks collapse when average participants no longer perceive an advantage in participating [2] - The gap between crypto adoption and crypto sentiment is widening [2] Risk Factors - Memecoins exemplify the risk of system failure when average participants are exploited [1][2] - While InfoFi empowered average participants, the profits primarily accrued to the top [1] - ICOs, though open to all, heavily favor those with substantial capital (both financial and social) [1]