Currently, the whole crypto market is experiencing a lack of new capital inflow with retail investors/traders getting liquidated or capitulated, many are losing interest in crypto…

On-chain trading of lowcaps/memecoins is pure PvP and many projects are in survival mode, as those who didn’t build good treasury and diversified during the bull are now struggling.

The daily trading volume on the CEX (Centralized Exchange) is currently at the same levels as late 2020. By searching keyword “Cryptocurrency” on Google trends, we can clearly see that nobody cares about crypto anymore.