Chaingame Collective Death: A Death Spiral from Capital Carnival to Ponzi Liquidation

While the Meme Lauchpads are in full swing, some projects are becoming version outcasts.

For example, the chain game projects that were smash hits in the last cycle have recently ushered in a wave of outages.

On May 16, Nyan Heroes, the once star game project of the Solana ecosystem, announced that it was officially suspended due to a "lack of funds". Developer 9 Lives Interactive released a statement on the X platform, admitting that "it is not possible to get more money to complete the game".

In just one day, the NYAN token fell by as much as 37.2%, and then FDV fell to just around 5M, evaporating nearly 99% from its all-time high.

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