good coins being rewarded by the market has a much bigger implication than just good coins going up
it changes the incentive structure for every token that comes next
if revenue, buybacks, good equity token distributions and actual usage are what get rewarded, then teams have to optimize for those things
you can still launch another low float high fdv token with zero revenue, but glhf the difference is that now the market will simply send it to zero
sounds obvious but this is a very different incentive structure from a few years ago
bullish