$LAB
I really don’t know what’s been going on in the crypto space lately. All the copycat projects are collectively taking a dive. It started with siren, then came skyai and in, followed by gua, and then lab. With this kind of smashing, not many new “greens” can hold up. In the past, when the market was hit extremely hard, at least someone would come out and back it with words. But nowadays, after they smash the greens, they just move on to the next batch as buyers, and once the project has no heat, the team doesn’t update anything either—then they just wait for the exchange to delist it.
Then they change the name and repackage it, and pay the exchange some money so they can keep harvesting new greens.
Crypto feels like it’s really beyond saving. Nothing can be revived—no concept, no narrative.
I really don’t know what’s been going on in the crypto space lately. All the copycat projects are collectively taking a dive. It started with siren, then came skyai and in, followed by gua, and then lab. With this kind of smashing, not many new “greens” can hold up. In the past, when the market was hit extremely hard, at least someone would come out and back it with words. But nowadays, after they smash the greens, they just move on to the next batch as buyers, and once the project has no heat, the team doesn’t update anything either—then they just wait for the exchange to delist it.
Then they change the name and repackage it, and pay the exchange some money so they can keep harvesting new greens.
Crypto feels like it’s really beyond saving. Nothing can be revived—no concept, no narrative.