Feels like we all underestimated how hard this memecoin nuke would hit. $80B vanished in months. Plenty of people down 80-90%, if not fully wiped.

That’s liquidity that should’ve been cycling into NFTs, alts, and majors - but it’s just gone. And with it, the wealth effect got wrecked. People thought they were up, saw their Phantom bags, and spent like it. Now? Vibes are dead, wallets are closed.

But some people did take profits. Not all of them are gone for good. Some are waiting for the right moment to jump back in.

This isn’t a bear market, just a boring market. $SOL $BTC $ETH