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evancheng

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๐Ÿšจ BREAKING: Evan Cheng calls for real business models in crypto ๐Ÿ“‰ What is happening? โ€ข Cheng (Mysten Labs / $SUI ) says weak chains are being โ€œflushed outโ€ โ€ข Criticizes reliance on continuous token selling$ASTER โ€ข Emphasizes revenue, cost control, long-term execution $LINK โ€ข Signals shift in market priorities What this suggests: โ€ข End of easy-money era in crypto โ€ข Investors demanding sustainable fundamentals โ€ข Survival of chains with real users + revenue Context: โ€ข Many L1s/L2s launched with heavy token incentives โ€ข Bear/sideways markets typically expose weak models ๐Ÿ“Š Market takeaway: Structural shift. Market moving from hype โ†’ fundamentals. Bullish for strong ecosystems, bearish for low-utility chains with no clear revenue model. #SUI๐Ÿ”ฅ #crypto #evanCheng
๐Ÿšจ BREAKING: Evan Cheng calls for real business models in crypto ๐Ÿ“‰
What is happening?
โ€ข Cheng (Mysten Labs / $SUI ) says weak chains are being โ€œflushed outโ€
โ€ข Criticizes reliance on continuous token selling$ASTER
โ€ข Emphasizes revenue, cost control, long-term execution $LINK
โ€ข Signals shift in market priorities
What this suggests:
โ€ข End of easy-money era in crypto
โ€ข Investors demanding sustainable fundamentals
โ€ข Survival of chains with real users + revenue
Context:
โ€ข Many L1s/L2s launched with heavy token incentives
โ€ข Bear/sideways markets typically expose weak models
๐Ÿ“Š Market takeaway:
Structural shift. Market moving from hype โ†’ fundamentals. Bullish for strong ecosystems, bearish for low-utility chains with no clear revenue model.
#SUI๐Ÿ”ฅ #crypto #evanCheng
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