Although Noxa has stopped issuing new tokens, I don't think it's a major problem if the Robinhood community continues to value the OG narrative.
New narratives can always launch on other platforms, but OG narratives can still be traded through Noxa.
After all, previously deployed tokens can still migrate successfully, with liquidity moving to Unicorn. So in my view, this doesn't fundamentally change much for existing tokens.
Ultimately, the market will decide how to price this.
Right now, a lot of retail traders and KOLs are panic selling.
As for me, I'm buying a bit more of these so-called "trash coins" and holding them for another week to see how the market reacts.
Maybe I'm right. Maybe I'm wrong.
If I'm wrong, I'll pay for my own bag.