Jared Grey (@jaredgrey): IMO, one reason DeFi tokens have underperformed this cycle is that the same 2020 energy that made DeFi token launches exciting has migrated to memes.…
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IMO, one reason DeFi tokens have underperformed this cycle is that the same 2020 energy that made DeFi token launches exciting has migrated to memes. With memes, you have no hard-to-understand whitepapers, and I think there is less existential risk, believe it or not.