Market downturns reveal brutal truths about token quality. When capital dries up, only genuinely valuable projects survive—and that's when the damage becomes visible. Poorly structured token launches with inflated FDVs and minimal circulating supply have left scars across the ecosystem. These high-pressure, low-transparency launches flooded the market during the bull run, creating unsustainable valuations that collapse under pressure. The bear market acts as a natural filter: weak projects implode while fundamentally sound networks prove their resilience. $BTC, $ETH, and established protocols demonstrate staying power, while speculative tokens with broken tokenomics face reckoning. This cycle repeats because market cycles separate the builders from the quick-flip opportunists. Real strength emerges when hype fades.