Another batch of tokens hitting the wall—$KAITO, $COOKIE, and their peers are becoming cautionary tales in the current market cycle. These projects, once riding on hype waves, are now facing the harsh reality of token depreciation and investor exodus.

It's a sobering reminder of how quickly momentum can evaporate in crypto markets. When narratives fade and fundamentals don't materialize, even projects with decent communities struggle to maintain value. The pattern repeats: initial pump, early believers cash out, latecomers left holding the bag, then silence.

The real question isn't why these specific tokens failed—it's whether investors are learning to distinguish between genuine innovation and pure speculation. Market cycles weed out weakness, and right now, that filter is running at full capacity.