Jun 3, 2026 5:33 PM

Crypto is a failed asset class. Most tokens are worthless, predatory tools used by founders to dump on retail investors. The "memecoin supercycle" has sucked the market dry, and the old guard is in a structural decline. Traditional "crypto" is dead because it lacks value accrual; only assets backed by actual business revenue will survive the ashes. Is it time to admit that the majority of the crypto market is fundamentally broken?
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