Why are so many people leaving the community this year? Let me share my viewpoint.
It's not because everyone suddenly lost faith, nor because the bull market has ended. It's because the game has changed.
This year, the cryptocurrency space has completely shifted from narrative-driven to high-speed PVP.
In the past, a narrative would gradually unfold.
Some people wrote code, some built communities, there were arguments, splits, and then starting over.
The cycles were long, and the cost of making mistakes was low; as long as you were genuinely doing something, you had time to correct it.
That's not the case anymore.
Now it is:
•Token launch
•CA discarded
•A few big accounts retweeting
•K-line completed
•Liquidity drained
•Next round begins
In just a few days, a story comes to an end.
This isn't competition; it's speed elimination.
What gets eliminated isn’t ability, but reaction time.
The biggest change brought by accelerated PVP is not that it's "more brutal," but that assets start to concentrate at high speed.
A few P generals dominate the sources of information, liquidity entrances, and emotional switches.
Most ordinary participants are liquidated before they even reach their "learning cost recovery period."
Most people don't have time to figure out:
•What this project is about
•Whether there are people building the community
•Where the consensus comes from
The market has already turned the page.
As a result, many people choose to leave.
It's not that they've lost all their money, but rather that they've completely lost the meaning of participation.
The issue isn't with MEME.
I strongly agree with @star_okx's viewpoint.
True MEME requires:
•Years of construction
•Continuous resource investment
•Long-term companionship and genuine care for the community
•Ensuring that every participant can truly benefit
The reason many people are leaving this year is not that they are failures.
But rather that many have discovered: this stage of the game no longer rewards construction, only speed and ruthlessness.
Without a construction cycle, only the price cycle remains.
Without community patience, only emotional harvesting remains.
Thus, the cryptocurrency space seems increasingly like a casino,
Not because technology has regressed,
But because construction has been squeezed out of the table.
It's not because everyone suddenly lost faith, nor because the bull market has ended. It's because the game has changed.
This year, the cryptocurrency space has completely shifted from narrative-driven to high-speed PVP.
In the past, a narrative would gradually unfold.
Some people wrote code, some built communities, there were arguments, splits, and then starting over.
The cycles were long, and the cost of making mistakes was low; as long as you were genuinely doing something, you had time to correct it.
That's not the case anymore.
Now it is:
•Token launch
•CA discarded
•A few big accounts retweeting
•K-line completed
•Liquidity drained
•Next round begins
In just a few days, a story comes to an end.
This isn't competition; it's speed elimination.
What gets eliminated isn’t ability, but reaction time.
The biggest change brought by accelerated PVP is not that it's "more brutal," but that assets start to concentrate at high speed.
A few P generals dominate the sources of information, liquidity entrances, and emotional switches.
Most ordinary participants are liquidated before they even reach their "learning cost recovery period."
Most people don't have time to figure out:
•What this project is about
•Whether there are people building the community
•Where the consensus comes from
The market has already turned the page.
As a result, many people choose to leave.
It's not that they've lost all their money, but rather that they've completely lost the meaning of participation.
The issue isn't with MEME.
I strongly agree with @star_okx's viewpoint.
True MEME requires:
•Years of construction
•Continuous resource investment
•Long-term companionship and genuine care for the community
•Ensuring that every participant can truly benefit
The reason many people are leaving this year is not that they are failures.
But rather that many have discovered: this stage of the game no longer rewards construction, only speed and ruthlessness.
Without a construction cycle, only the price cycle remains.
Without community patience, only emotional harvesting remains.
Thus, the cryptocurrency space seems increasingly like a casino,
Not because technology has regressed,
But because construction has been squeezed out of the table.
