Memes

From meme coins to AI projects, there must have been quite a few people who made $1M USD during the hype, but very few actually managed to keep their profits. The optimal timing would have been to liquidate all on-chain assets immediately after a16z-backed AI projects and Virtuals launched their Binance Futures contracts. Meanwhile, figures like Trump and Milei accelerated the liquidity drain from the market. Those who refused to exit positions lost even more - failing to cut losses would typically result in over 90% losses, which is practically equivalent to being wiped out.