What is already being built before the market starts paying attention?

$MMT is one example.

Momentum is currently ranked around #446 on CMC, yet it lists it as a major liquidity hub within the Move ecosystem

With reported historical milestones of more than 2.1M users, $600M in TVL and $26B in cumulative trading volume.

Those numbers immediately make the project interesting.

But they don't automatically make the token a good investment.

I'd want to dig deeper into:

→ How much of that activity is still active today?

→ How much liquidity is organic?

→ Are users actually trading because the product is useful?

→ How does Momentum defend its position as competition increases?

→ And what creates sustainable demand for $MMT?

That's the part many crypto discussions skip.

A large user number looks great on a dashboard.

Retention is what actually matters.

A protocol can generate impressive numbers during an incentive-heavy growth phase.

The real test is what remains when the incentives disappear.

That's what I'll be watching with MMT