>>8143794And now Market Value is like 7b. Likely much more after this week.
Hindsight is everything, but Operation: Bogration's major weakness was that it only slammed the value of coins, when it needed to also destroy dividend payouts. Anybody that had liquid when RED TOMORROW RED TODAY was the market norm made massive bank in the long term because everything was on hella discount and dividends pretty much stayed the same. I still have Rushias at 3k MPP.
I think the market needs a reset like what Ayamy got when she was banned. Don't actually reset the market, just reset the value of every coin and let the market resort itself based exclusively on channel metrics. We have coins that will NEVER return to their "proper" values because they've been overbought to hell and back. Every oshicoin is effectively dead weight keeping values from moving, and we're to the point where most coins are in the same boat as Okayu was after Mogu liquidated everything and went all-in on making the Moguyacht.