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![cas_abbe Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1242073759735058432.png) Cas Abbé [@cas_abbe](/creator/twitter/cas_abbe) on x 69.3K followers
Created: 2025-01-27 15:35:13 UTC

This market dip was way more important than most people think.

There were scam tokens launching every day, which were taking away liquidity from existing tokens.

With the current market dip, most of those tokens are now gone, which will shift the focus back to utility tokens.

To be honest, I do like memecoins, but launching 10,000+ tokens every day is not an ideal thing for the market.

Now I think that there'll be a liquidity shift back into alts in the coming weeks.

I would not rule out another dip to scare weak hands, but after that, the pump will be glorious.


XXXXXX engagements

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**Related Topics**
[coins meme](/topic/coins-meme)
[dip](/topic/dip)
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