look at the dilution since fartcoin passed $1 billion less than two years ago
when it crossed $1b there were 3 million crypto tokens in circulation. today, there are 60 million (
@grok compiled this for me so that's my source)
liquidity diluted across MILLIONS of coins and this number is increasing by 10's of thousands every single day. probably at a higher rate now than ever with new chains and new launchpads.
targets need to be adjusted to account for this. back in 2024 when there were 3 million tokens, you could hold a fartcoin and say with a straight face that it could rip to $10 billion.
that's a lot more difficult today for any token. great narratives and communities can pull it off, but it's going to be hard
do you know how hard it is to get a community to stick together and cross even a mere $10m mc today before they rotate to a new coin and meta??? extremely
$1b coins aren't going to be coming left and right, even in peak bull conditions. majority of volume will always accumulate to low caps now. rinse and repeat