Stargaze L1 is shutting down completely on June 15th. 🚨
If you have assets there, you only have 5 days left to act.
You need to withdraw $ATOM, $OSMO, and all other IBC tokens immediately using the "Cross-Chain Send" feature in your Keplr wallet.
You don't need to move your $STARS tokens.
Staked or liquid $STARS can stay on the chain, they will be snapshotted and automatically migrated to the Cosmos Hub later. 🫡
Things that happened to $ATOM since @cosmoslabs_io took over:
→ Robinhood listed ATOM spot trading
→ Revolut launched ATOM staking
→ eToro added ATOM staking
→ Bitstamp added ATOM spot trading
→ Binance delisted the ATOM/BTC margin pair (less manipulation)
→ Part of Mastercard's crypto partner program
Looking back, you realize that crypto as a whole was a massive market bubble. It feels like it was programmed from the start - a lifecycle where people are drawn in, only to be used as exit liquidity or as a vehicle for laundering grey money.
The cycle lasted around 3–8 years. Altcoins turned out to be mostly trash. There’s only Bitcoin $BTC with @MicroStrategy ,@saylor and other huge plers , @ethereum with in and largest smartcontracts eco and because of institutional involvement, and projects with actual revenue like @binance $BNB, @HyperliquidX $HYPE - everything else was essentially designed as a total scam.
@Polymarket will leave @0xPolygon cause Polygon useless withous any usecase. And the list of useless chains goes on endlessly.
Unfortunately, it seems like the next cycle will be tied to big tech and AI, where the money will be looking for the next market.
Introducing Keplr MCP: turn your wallet into a programmable interface
Agents can now send, stake, swap, and manage addresses across supported Cosmos chains.
It’s not just Cosmos projects shutting down! 🌪️
Many apps are closing their doors right now:
@SlingshotCrypto is closing by February 28.
@PolynomialFi is shutting down their chain and platform.
@zerolendxyz is also calling it quits.
The market is simply cleaning up.
We have too many projects and not enough liquidity.