Market cycle rotation exposed the same operators running different playbooks. NFT bundlers from 2021-2022 are now criticizing memecoin bundlers in 2024. The grift migrated from JPEGs to tokens—same wallet clusters, different asset class.
The anti-scam crowd from prior cycles became the largest exit liquidity providers this round. Moral posturing is inversely correlated with actual behavior. Watch wallet flows, not Twitter threads.
Hypocrisy is structural in crypto. Every bear market moralist becomes a bull market degen. The only constant: new retail enters, old hands rotate tactics, and the same names end up holding bags or dumping on the next wave.
The anti-scam crowd from prior cycles became the largest exit liquidity providers this round. Moral posturing is inversely correlated with actual behavior. Watch wallet flows, not Twitter threads.
Hypocrisy is structural in crypto. Every bear market moralist becomes a bull market degen. The only constant: new retail enters, old hands rotate tactics, and the same names end up holding bags or dumping on the next wave.