Crypto Tokens Plummet 80%: The Bloodbath No One Saw Coming

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So, AB Kuai Dong—crypto’s resident doomsday prophet—just dropped a bombshell: newly launched tokens are about to nosedive harder than my dating life post-2020. 🚀💥 He’s warning project owners to brace for an 80% drop because, surprise, liquidity is tighter than my jeans after Thanksgiving.

This isn’t exactly groundbreaking news. New tokens have been tanking faster than a Netflix series after season two. Blame it on the hype, VC unlocks, and communities that grow slower than my patience in a DMV line.

Earlier this week, Dong pointed out that projects are launching tokens with valuations so inflated they make Elon Musk’s ego look modest. 🎈💸 They’re forced to debut at sky-high prices to avoid pitchforks from their communities and KOLs (Key Opinion Leaders, aka the crypto influencers who probably own too many NFTs).

Meanwhile, exchanges like Bybit are rolling out new coins with projected opening prices based on annualized returns. Because, of course, users are only interested in projects promising a 40% return and a single income of 1-2%. Who needs stability when you can have chaos, right?

Smaller projects with valuations under $100 million might dodge some of the drama, but let’s be real—no one’s safe in this crypto circus. 🎪

Institutional Shorting: Because Everyone Loves a Betrayal

It’s not just retail investors shorting these tokens. Institutional players and token holders are hedging their bets like they’re in a Vegas casino. 🎰 They’re shorting newly listed currencies to protect their investments from the inevitable crash. Because nothing says “trust” like betting against your own project.

Dong predicts this “coin cleansing” will continue through the summer, with the market possibly recovering by late 2025 or 2026. Until then, venture capital funds might dissolve faster than my willpower at a dessert buffet. Layoffs and salary cuts for investment managers? Sounds like karma’s finally catching up.

“When this happens on a large scale, we’ll see the real bottom of VC coins,” Dong said. Translation: the party’s over, and the hangover is going to be brutal. 🍻

Crypto Market Sentiment: Fear, Greed, and a Whole Lot of Drama

Bitcoin’s currently trading at $97,600, which sounds impressive until you realize the overall market cap has dropped 15% in the last 20 days. 📉 The Crypto Fear and Greed Index is at 43, which basically means everyone’s panicking like it’s the finale of a reality TV show.

Analysts like Arthur Hayes are predicting a bearish few months ahead. So, buckle up, folks. The crypto rollercoaster is about to take another wild turn. 🎢

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2025-02-10 13:25