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#SCATMAN, luckily this kind of thing happened during a bear market.
If it had happened in a bull market, this wave of developers could have really made themselves financially independent.
Remember back then when Kylian Mbappé’s account was hacked—someone threw out a PUMP link, and how many people, in pursuit of the hotspot and scrambling for the first moment, ended up buried in it forever.
With liquidity thin in a bear market, the most people who rush in can do is get hurt a little; but once it’s a bull market and market sentiment goes on tilt, many people who see this kind of “opportunity” will directly throw huge amounts of money in blindly.
In the end, it’s not that they missed the opportunity—it’s that the opportunity permanently buried them.