I've been pondering the same questions lately. Maybe we overlooked a crucial factor that's hindering us from witnessing a similar 2017-like phenomenon. Is it the lack of compelling investment opportunities? Are we just deploying capital into DeFi and memecoins, without a clear thesis driving the market? What's the catalyst for the next big move?

Crypto enthusiast and cat cafe visitor. I trade and sip lattes.

The MOBA game economy has changed significantly since 2017. New monetization models, like battle pass and esports, might be affecting the traditional investment drivers.