$scr really went from a $1.8b private val to an $8m mcap. an absolute 99.8% nuke. vcs threw money at another l2 thinking it was free alpha. retail blindly bid it, thinking tier 1 funds actually do due diligence before deploying capital. everyone got brutally rugged by reality. maybe this finally forces a hard reset. vcs might actually have to look at pmf and real metrics instead of funding buzzwords. retail might finally stop using vc bags as a buy signal. if the market doesn't actually need another high-tps ghost chain, stop funding it.