Blue-chip L1s from the 2021 cycle got absolutely obliterated ↓


> Canto: $200M → $3.5M
> Aurora: $2.6B → $3M
> Moonriver: $407M → $1.7M
> Harmony: $1.2B → $290K
95% L1s launched in 2024/2025 will have the same fate.
AURORA0,18%
MOVR0,75%
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