SOCIALFI IS IN A BULLSHIT, GUYS! 🥺🥺
At the beginning of the year, analysts said that big and small funds assessed SocialFi as a revolution no less than AI in blockchain, but now the whole trend is broken, there is no hope.
👉Just yesterday, dev FriendTech gave up control of the project, admitting failure despite having previously organized a large airdrop for the community.
👉Farcaster reached the lowest number of users in history.
👉Lens Protocol also sank into the past, nothing has improved since the end of 2023.
👉$CYBER is quite prominent on Binance, but the price also fell sharply from the peak. Now it has turned to building a bunch of segments, it is unclear what the main product is anymore.
👉As for DESO, it goes without saying, the price is constantly finding new lows, even though the capitalization is only 50 million USD.
😕😕😕😕
Looking at the statistics table below, do you think there is any opportunity for the SocialFi trend? While projects that have released tokens are less attractive, projects that have not released tokens have difficulty airdropping. Nohope really looks 🥶
