According to TechFlow, Jupiter founder Meow tweeted that he had invested a lot of time in the Ethereum ecosystem, contributed to key projects such as Instadapp, Fluid, Kyber Network and WBTC, and was proud of his work.

He believes that despite some short-term problems, the future of EVM and Ethereum as the main engine of new blockchains is still bright, and this should not be forgotten in the current negative sentiment.

Meow concluded by noting that in the cryptocurrency community, a single green candle is all it takes to get things back to square one.