
CryptoCondom|Aug 26, 2025 13:52
DATs are one of the worst ponzis this cycle bc they create leveraged exit liquidity for shitter foundations who sell locked & ever-inflating bags to retail and the PIPES who invest in them.
For the most part, it’s predatory and extractive….and the market is starting to sniff it out as evidenced by the recent failure to raise on many of these POS, including the recent SOL ones.(CryptoCondom)
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