The memecoin and NFT sectors tell a sobering story—roughly nine out of ten projects have cratered below 90% from their all-time highs. It's brutal out there. The real question isn't just what happened, but what it means for the industry going forward. There's definitely a lesson hiding in those numbers. Problem is, plenty of us are still trying to figure out what it actually is. The market cycles through hype, speculation, and reality checks. Maybe that's the education we're getting right now.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
8
Repost
Share
Comment
0/400
VirtualRichDream
· 01-20 20:34
90% decline... Did I just buy in again at a high point?
View OriginalReply0
probably_nothing_anon
· 01-20 11:33
A 90% drop is nothing; this is just the daily drama of Web3. I'm used to it.
View OriginalReply0
StableNomad
· 01-18 02:55
90% down? reminds me of UST in May... statistically speaking, this is just the market doing its thing. natural selection, really.
Reply0
FlashLoanPhantom
· 01-18 02:55
90% decline? Ha, that's just the tuition fee for Web3. Anyway, I didn't expect those shitcoins to turn around.
View OriginalReply0
PumpingCroissant
· 01-18 02:45
90% decline... Oh my, those numbers are eye-catching. Not many have survived actually.
View OriginalReply0
ForkItAll
· 01-18 02:41
Ninety percent of projects have dropped 90%. This is the tuition we paid. Let's see who still dares to claim memecoin is the future.
View OriginalReply0
GasGuzzler
· 01-18 02:39
Ninety percent of the projects have been cut in half. What are you still pondering? You should have seen clearly by now that this is just a show of harvesting naive investors.
The memecoin and NFT sectors tell a sobering story—roughly nine out of ten projects have cratered below 90% from their all-time highs. It's brutal out there. The real question isn't just what happened, but what it means for the industry going forward. There's definitely a lesson hiding in those numbers. Problem is, plenty of us are still trying to figure out what it actually is. The market cycles through hype, speculation, and reality checks. Maybe that's the education we're getting right now.