I can confidently say that every project has its prime.
Once that period passes, you can’t force the market to adopt a token or product that lacks strong product–market fit (PMF).
Here are some examples of projects that have likely passed their prime:
- Aztec (L2)
- OpenSea (NFT)
- MetaMask (Wallet)
- Linea (L2), even if they TGE’d, and many others.
The catastrophic dumps that occur just days or weeks after launch aren’t coincidences, they’re inevitable.
Some projects have already passed their peak, and they know that launching a token at this point would be a disastrous move.
MetaMask and OpenSea fall into this category, which is why they keep gaslighting farmers with endless quests.
They clearly understand that if they ever launch, it’s going straight to zero and that’s exactly why they’re hesitant.
A clear example is Magic Eden’s $ME; I’m sure most holders are debt.
These platforms are fine to use passively, but they’re no longer worth farming at this stage.
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