Lately, I’ve been seeing so many projects pump purely on hype whether it’s AI, DePin, or the latest L2 narrative. It feels like fundamentals barely matter anymore as long as the story sounds good. But how sustainable is this? At some point, won’t the music stop and leave everyone holding bags?
I’m curious if others in the space are starting to feel the same fatigue. Are we just cycling through narratives faster now, or is there still real value being built underneath the noise? As a Solidity auditor, I see so much code that’s just copy-paste with a fresh coat of paint, and it makes me wonder when the market will finally demand substance over storytelling.
What’s your take? Are we due for a reckoning, or is this just how crypto works now?