Analysis
Significance:
5/10

Are TGEs becoming the end of blockchains?

https://cointelegraph.com/news/tges-becoming-end-blockchains

Yohan Yun

Mentions

Sentiments

Target
Sentiment
Comment
Bearish
The article criticizes the proliferation of new layer 1 blockchains with no breakout app to justify their existence.
Bearish
TGEs are described as exit ramps for founders, leaving investors with orphaned blockchains and mounting token unlock pressure.
Bearish
Aptos founder's resignation after a major vesting milestone is highlighted as a negative example.