Some hopium & copium for Abstract asset holders
Using $Gooner as an example but it can apply to almost all the others.
In the middle of May, Abstract onchain went through a really brutal red period. Many assets got wrecked, people complained and left, there were spaces full of drama and fud, etc.
Gooner drew down 88% & the period was 57 days.
In the middle of August, Abstract onchain began to go through another really brutal red period. Many assets got wrecked, people complained and left, there were spaces full of drama and fud, etc.
Gooner has drawn down 89% & the period was 68 days.
The difference between the two biggest mini bear cycles on Abstract was 1% and 11 days.
It's hard to rememeber the exact emotions and perspectives you had in the past or many of you weren't here during that period.
Then, when everything turned around...it was fast.
The amount of people who left near the end coped in ways I will never forget.
I don't know when it will happen but the vibes are so similar to the last per
