[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  RX [@RX_crypto_](/creator/twitter/RX_crypto_) on x 4716 followers Created: 2025-07-18 13:27:00 UTC What’s Happening in the ICM Trenches? Despite strong fundamentals, the ICM meta is fading while alts make new ATHs. Tokens in the @believeapp ecosystem aren’t meeting expectations—something’s off with how the dynamics are structured. Standouts in the Trenches: $Bear @ 93k •Real product •MRR > XX% of crypto •Proven serial entrepreneur $Cities @ 180k •Engaging, polished game •VC-backed, experienced founder #Faceless @ 80k •Cutting-edge tech, excellent product •7x hackathon winners, strong founder $Cache @ 117k •Talented, relentless dev •Unique product with cool tech $Brix @ 330k •Wildly successful founder (8-figure ARR) •Hugely useful product ⸻ Two years ago on ETH, any of these would’ve hit a $5–10M cap. Today, they’re stuck at sub-$500k levels. Why? The @believeapp flywheel is broken. Valuations feel random. Real builders with real products are overlooked, while others with similar fundamentals trade at 100x valuations. Tokens like $Dupe, $Kled, $Knet, $Yapper, #Fitcoin, and $Codec face the same issue—if teams and tech are equally strong, why such a valuation disparity? The dynamics are anti-flywheel. No real momentum. Occasional pump candles, then down only. A lot needs fixing. Heavy pressure on @pasternak. If Believe wants its ecosystem to survive, it needs real innovation—and fast. Right now, the tokenomics are failing builders. XXX engagements  **Related Topics** [$cities](/topic/$cities) [alts](/topic/alts) [meta](/topic/meta) [trenches](/topic/trenches) [$bear](/topic/$bear) [coins solana ecosystem](/topic/coins-solana-ecosystem) [coins meme](/topic/coins-meme) [Post Link](https://x.com/RX_crypto_/status/1946200029120843908)
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RX @RX_crypto_ on x 4716 followers
Created: 2025-07-18 13:27:00 UTC
What’s Happening in the ICM Trenches?
Despite strong fundamentals, the ICM meta is fading while alts make new ATHs. Tokens in the @believeapp ecosystem aren’t meeting expectations—something’s off with how the dynamics are structured.
Standouts in the Trenches:
$Bear @ 93k •Real product •MRR > XX% of crypto •Proven serial entrepreneur
$Cities @ 180k •Engaging, polished game •VC-backed, experienced founder
#Faceless @ 80k •Cutting-edge tech, excellent product •7x hackathon winners, strong founder
$Cache @ 117k •Talented, relentless dev •Unique product with cool tech
$Brix @ 330k •Wildly successful founder (8-figure ARR) •Hugely useful product
⸻
Two years ago on ETH, any of these would’ve hit a $5–10M cap. Today, they’re stuck at sub-$500k levels. Why?
The @believeapp flywheel is broken. Valuations feel random. Real builders with real products are overlooked, while others with similar fundamentals trade at 100x valuations.
Tokens like $Dupe, $Kled, $Knet, $Yapper, #Fitcoin, and $Codec face the same issue—if teams and tech are equally strong, why such a valuation disparity?
The dynamics are anti-flywheel. No real momentum. Occasional pump candles, then down only.
A lot needs fixing. Heavy pressure on @pasternak. If Believe wants its ecosystem to survive, it needs real innovation—and fast.
Right now, the tokenomics are failing builders.
XXX engagements
Related Topics $cities alts meta trenches $bear coins solana ecosystem coins meme