Only way forward is for projects to launch at appropriate valuations (relative to their fundamentals) with hardcoded burn mechanisms. Not bullshit buybacks. That’s why Solana was such a killer call in 2020, it was an L1 with no users and unready tech trading appropriately at <$10m. Either we produce more runners or we die as an industry. $SOL $CC $BTC $ETH
Obvious realization here is that you don’t even need a token to have hardcoded burns to run e.g- $SOL. Just don’t launch at valuations far exceeding your fundamentals, unless their only goal is to extract retail, which it usually is.
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