The Downfall of $MEGA: - token starts dumping almost immediately after TGE - price falls more than 50% within weeks - then drops over 70% from its highs - The number of daily active users remains surprisingly low. - most activity comes from incentives - The team launches points and reward programmes. - Airdrop farmers come in for rewards - farmers leave when rewards are no longer available - The incentive programme is terminated early. - ecosystem feels full of copy DeFi apps from other chains MEGA becomes MegaREKT
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