evancheng

🚨 BREAKING: Evan Cheng calls for real business models in crypto 📉
What is happening?
• Cheng (Mysten Labs / $SUI ) says weak chains are being “flushed out”
• Criticizes reliance on continuous token selling$ASTER
• Emphasizes revenue, cost control, long-term execution $LINK
• Signals shift in market priorities
What this suggests:
• End of easy-money era in crypto
• Investors demanding sustainable fundamentals
• Survival of chains with real users + revenue
Context:
• Many L1s/L2s launched with heavy token incentives
• Bear/sideways markets typically expose weak models
📊 Market takeaway:
Structural shift. Market moving from hype → fundamentals. Bullish for strong ecosystems, bearish for low-utility chains with no clear revenue model.
#SUI🔥 #crypto #evanCheng