🚨😳 ANOTHER BLOCKCHAIN IS SHUTTING DOWN… AND IT LOST MILLIONS

The crypto world has just taken another hit.

Abstract, an Ethereum blockchain backed by the team behind Pudgy Penguins, announced that it will shut down this year.

💰 The reason?

The project reportedly lost tens of millions of dollars trying to grow and find a business model that worked.

And here’s the most worrying part:

⚠️ It’s the SECOND Ethereum Layer-2 to announce its shutdown in just one week.

First came Blast.

Now Abstract.

This shows something many people forget when they see a cryptocurrency or project that seems to be trending:

🔥 Having millions of dollars behind you does NOT guarantee a project will survive.

In crypto, you can see: 📈 projects take off
💰 millions in investment
👥 huge communities

…and still end up with a project that shuts down.

👀 Are we seeing a shakeout of weaker projects within Ethereum?

👇 What do you think?

🟢 YES, THE BEST ARE SURVIVING
🔴 NO, THIS IS A DANGER SIGN

— HadesCripto ⚡

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