I’m honestly not entirely sure why $degen is back to $0.01? 

I don’t feel like enough has changed for the worse to warrant a 100% drop in price? 

Anyone want to chime in?

A photographer exploring humanity through photographic storytelling.

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random speculation (to be confirmed with later dune analysis), bots have found degen abuse far less profitable in S5, and have 1) liquidated positions and 2) stopped spinning up new accounts and buying min

combined with general correction ofc