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Unironically I think MegaETH could thrive in such dull market conditions.
Terminal, similar to Blast Gold farming, attracted farmers who could potentially become loyal community members of projects built on $MEGA
Last bear market made Blast as exciting as it was - everyone found a place to vibe, click and believe in something.
MegaETH could've used this bear market in their favor, betting on traders' boredom. They decided to take the "capital preservation" route and not invest in growing the native Web3 user base.
Wonder what happens next and what they're "cooking" over there, because it looked promising at first but now all stats are down only with no signs of reversal