The same era as an alleged negotiations are “undoubtedly finished”, according to Nic Carter, partner of Castle Island Ventures.
In an article on X, Carter argued that even – with little or no use beyond speculative trading – was initially attractive because they seemed to offer a uniform playground for retail investors. However, with recent scandals such as Balance Coin, the market was overwhelmed by initiates, pre-prelimination offers and bots based on bot, leaving traders of everyday disadvantaged.
“The whole premise of the same was that they were” launch “opportunities where retail was as good as funds and VCs,” wrote Carter. “It was exposed as a lie – the casino was not fair.”
Carter highlighted the launch of the Milei corner balance, which opened up to a billion dollars market capitalization before biting 3 billion dollars, as an example of the way the initiates now dominate the walk. Such unjust launches, he said, have made the same a casino where the house wins massively.
Find out more: the co-creator of Balance Token said he had paid the sister of the Argentinian president Milei
While Carter thinks that the recent commercial frenzy that has started since US President Donald Trump began his Trump Memecoin is over, he noted that the industry is not going to disappear. On the contrary, there will probably be some new token launches and some winners, but the “meta is over”.
While confidence in the same fades, Carter expects regulators to take measures against the offense of initiate in the sector. “It is probably not because even not means that titles do not mean that there is no responsibility associated with negotiation on domestic information,” he said, predicting that Blockchain transaction stories will lead to future law enforcement actions.
“ What the maturation is like ”
For the future, Carter thinks that the market will move to more sustainable and equitable token launches.
High preliminary assessments have become less attractive and projects adapt by offering lower initial assessments to attract buyers. Platforms like Echo, which applies accreditation and KYC, are likely to gain popularity for the collection of prior funds, helping projects to distribute tokens more equitably.
Meanwhile, Carter expects increased legitimacy in the DEFI tokens. With the DRA developing clearer rules for the emits program, it sees a future where tokens can generate and return capital openly to users.
“The trade of the coming years simply estimates the fundamental principles of these tokens and the purchase of those who are negotiating with reasonable assessments compared to their real or implicit cash flows,” he said.
While some traders can deplore the end of the golden rush, Carter maintains that the market is simply maturing. “The pain of disillusionment is real, but to get rid of the cancer sector of the same – which was extremely unfair – is a good development overall,” he wrote.
Read more: will the Crypto-Fiasco of the Argentine President Milei be a time for the same Crate?
Warning: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee accuracy and membership of our standards. For more information, see the complete Coindesk AI policy.
