Updated specific locations to be searchable, take a look at Las Vegas as an example.

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19
Wow, such Correction, very dip, wow.
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Time to address recent events, perhaps?

I invite anyone and everyone to comment, questions, concerns, and I will attempt to address them as best I can. Please just try to keep them civil and level headed.

All that said, I get how things can look pretty bleak, and I won't try and sugar coat it by parroting what I'm seeing in other places. This IS a large dip/reversal, and a lot of people are way in the red. That's scary, for a lot of people, and I sympathize with you. There's also no guarantee of a positive correction, however likely, because NOTHING is ever guaranteed.

What I will say is that events like these are not uncommon, they are not permanent, and they reward the strong willed more often than not, while punishing those who bow to panic.

I have been involved with MMF since nearly the beginning, so I have the luxury of judging what's happening from the perspective of someone still orders of magnitude in profit. I don't mean that as a flex, but a reassurance. Im someone who has seen every dip, every spike, every launchpad. I have perspective.

There has never been a crypto immune to what we are seeing. MMF and all its tokens/projects have been seeing impossibly high rates of growth, by price, market cap and TVL. In the span of a month the Dex ecosystem saw a jump from the 500 million TVL level to over 2 billion. Everyone who ever invested into an MMF asset was in profit by margins of 2, 3, all the way up to 50x in some cases.

Everything in crypto moves quickly, like sped up versions of the normal market. When crashes happen, they happen fast. People with huge unrealized gains start taking some money home, and sometimes this triggers the correction. Little fish see big fish "bailing" and they follow suit.

Believe it or not, in strong communities, this is healthy.

The higher a token or ecosystem rises without correction, the more dangerous and sudden the fall can be. I'm glad we corrected before $2, though I wish less people had been shaken out of a temporary setback.

What will define you, and us as Meerkats, in the coming days will be the community as well. You can't be the one sitting there on the sidelines waiting for the next person to jump back in. Every 50% reversal in MMF has been shortly thereafter followed by a 3 to 4x

Our decision to support, and correct, is what will drive MMF towards its next 4x. Will you be the one to jump start that next positive wave, or will you wait too long and buy in again at the new ATH?

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2 years ago