After 10 years of being in crypto and trading, I need to address what's currently happening in our space.
This isn't just another market cycle - it's something far more concerning.
The Reality Check:
Meme coin trading has become a 24/7 sprint where:
• You're considered "late" after just 15 minutes
• Holding for 6-12 hours is seen as "long-term"
• Every new token launch feels like a trap
Let's be honest about what we're seeing:
1. The Speed
These aren't market cycles anymore - they're market seizures. When you need to be glued to your screen every second just to avoid being "late," something's fundamentally broken.
2. The Scams
The number of rugs, honeypots, and outright frauds is staggering. It's not just about "doing your research" anymore when you have minutes to make a decision.
3. The Burnout
I've traded through bull markets, bear markets, and everything in between. But this? This is different. The constant rotation, the 24/7 FOMO, the endless parade of "next big things" it's exhausting even the most seasoned folks.
4. The Community Impact
We're burning out builders who are chasing a dragon that doesn't exist. Real projects can't compete with pump-and-dumps masquerading as "communities."
Remember Warren Buffett's wisdom: "Only when the tide goes out do you discover who's been swimming naked."
Well, the tide is starting to shift, and we're seeing a lot of naked swimmers.
The Hard Truth:
• This isn't sustainable
• Good projects are being overshadowed
• Experienced traders are burning out
• The community is losing faith
It's going to get worse before it gets better.
But we need to start having honest conversations about where we're heading.
What We Need:
• Return to fundamentals
• Focus on sustainable growth
• Support for real builders
• Community-driven accountability
For those feeling the weight of this market:
You're not alone. It's okay to step back. It's okay to miss a pump. Your mental health matters more than any potential gains.
The market will be here tomorrow. Make sure you are too.
This is a fantastic thread on the P2E death spiral.
And it highlights why one of the controversial design decisions we’ve made with @crypto_raiders is going to pay off long term.
👇
Loopring Smart Wallet continues to explode in growth🔥
The people want to be their own bank. After all, it’s your money, you might as well own it💙
➡️https://t.co/15kU4HXGVu
We have some exciting news! Today we announced $6M in funding led by @DeFianceCapital and @Delphi_Digital
With this funding we have plans to make our game bigger and better in every way for the Crypto Raiders community!
We built a governance protocol for staked $RAIDER 📊
We are very excited to test this voting mechanism, and expanding ways that the community can vote on in-game decisions, features, ideas, etc. 🚀
*Questions are samples and do not represent an actual vote*
gm
We’ve raised $69,420,000 in Series B Funding, led by Coatue 🦄
We’ll use the funds to double down on our mission of making crypto data accessible!
& to educate, reward and empower a new generation of on-chain analysts aka Dune Wizards 🧙♂️
👇
https://t.co/jJtikXCTSg
@encryptedview@VitalikButerin That's an interesting hypothesis. To test it you should ask what was the price difference between 2017 and now. What has changed since then and now. I think most people in the space would say DeFi NFTs, trading volume, EIPs, inst. adoption is more important. Has mining changed?
@TheCryptK33per@drewodie17@CozomoMedici Facts. This tactic pretty manipulative. They aren't doing monseigneur any favors...just foisting the burden of a project on him at the expense of his reputation. Sending coins to celebrity wallets is lame. Vitalik did it right. Cozomo could burn 99% of it anvd donate the rest.
I'm thankful for the artists.
I'm thankful for the collectors.
I'm thankful for the digital renaissance.
I'm thankful for decentralization.
Most of all, I am thankful for you.
Happy Thanksgiving, NFT twitter family. WAGMI.
🍷⚔️♥️~CdM
@crypto_raiders Knight of the Old Republic. Lore, phenomenal. Character development, profound. Replay value, stratospheric. Combat mechanics, groundbreaking... I see a lot of this in CR
In celebration of hitting 10k followers over the weekend, we want to do a giveaway for a Genesis Old Man and a Generation Three Orc!
To enter:
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