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But we saved everything 🙂.
Quinten Francois points out that only one project out of 113 large crypto launches generated a return greater than 2x during the current cycle.
Francois adds that, apart from founders and market makers, other stakeholders saw minimal financial benefit, with most value being extracted elsewhere.
Francois has recently highlighted that bitcoin reached its realized price of around $54,000, a level seen during previous bear markets. He also observed that investor sentiment toward ethereum remains at a low point. The latest findings add to his series of observations on market trends during challenging periods.