New narratives inevitably emerge when the market is stagnant and many have lost confidence. In the early days, many were dismissive and pessimistic. This was true of the previous narratives surrounding DeFi, tokens, and the early days of NFTs. The X402 protocol launched its own token before the meme took off. The meme narrative is still being driven, with emotional premiums outweighing rational value. That being said, I will still respect the market, remain an enthusiastic observer, and be ready to participate at any time!
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