Stages of crypto Narratives  

1. Cool concept/Idea 
2. Innovation begins to happen 
3. Better products are built 
4. Garbage products are built (cash grabs/rug pulls)
5. Scam devs begin to serial rug tokens
6. KOL's Grifters and talking heads start entering the narrative and pumping and dumping 
7. Celebrities and Influencers begin launching tokens and rug pulling for hamburger money 

Rinse and repeat for each crypto narrative, only getting faster and faster as the bull run progresses