The pendulum for “serious” project token launches swung too hard in 2023 / early 2024.
Now the market is overcorrecting by sending memecoins, at nearly random, to launch on CEXes.
The pendulum must swing back to the middle.
The half life of a lot of these is so short that the only benefit is that people forget about them quickly.
The delisting period in 2025 / 2026 will be interesting.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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