Probably becasue all L1 attention is on Elrond and Avalanche right now
Not a good reason
Who gives a fuck if it’s a good reason. The market is not going to cave to what you think a good reason is. I hate meme coins, but that doesn’t stop me from gambling a little and making pretty nice gains I can roll into Kadena dips. The market doesn’t give a fuck about your portfolio. It’s up to you to mitigate your own risk.
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