2025-12-12 01:26:15

this cycle didn’t die, it cannibalized itself. Liquidity fled utility into memes because memes promised instant reflexivity, not adoption.

that sucked oxygen out of everything else, leaving 99% of tokens as dead weight.

in 2026, capital rotates back to survivability: real users, real cashflows, fewer narratives, and far fewer coins that actually matter.

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