crypto market wide nuke from last cycle would suggest this kind of price action
fundamentally this is crazy to think about given all the mass adoption and high profiles now involved in the space
but this is technically what happened to now crazily high valuation companies such as binance
think ftt would have to hold up better than this given the status and acclaim assosiated with succsessful sbf products and connections
just a scenario albeit id say ftt was more likely to hit 100$ than 4$ personally
myby an argument as to why the 3year cycles should be less of a thing this time around…