This is a good reminder that if your token has no mechanism to stimulate demand either organically, through network revenue or through buybacks, your token is trash.
Survival of the fittest is in full swing and most will not survive.
It looks like crypto is dying slowly, except for Bitcoin and a few other tokens
Most tokens are indeed dying, but crypto is changing for the better
The ecosystem is going through a slow, painful hangover of consuming whitepapers and ideas with no value accrual to the tokens (or no value generation at all)
We need the bad tokens to die out and go through this period of consolidation
Betting on sustainable businesses is what you want to do with most of your capital:
> BONK (50% of revenue for buybacks)
> PUMP (Pretty sure they will have buybacks)
> HYPE (97% of revenue for buybacks)
> JUP (Think it's 50% of revenue for buybacks?)
There's at least one more already sustainable business that will soon have buybacks, what else am I missing?
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