Of the 4 chains I listed below, they’re 0 for 2 so far
Will the others learn from this?
I'm excited for the new chains to launch... Monad, Bera, Mega, Movement, etc.
But a big factor that led to the rise of chains last cycle was the native token launching at a relatively low value.
Early ecosystem participants got rich off the native token appreciation while they aped in and out of the other ecosystem coins, creating a positive price feedback loop.
When new chains launch at $B+ values, it's much harder for that price feedback loop to kick in.
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