dEX volume is testing conviction in narrative durability
Meanwhile, risk appetite can either confirm the move or expose it as temporary.
Better questions beat louder opinions when regimes shift.
Put beside current chatter on “Here’s what happened in crypto today,” the incentive problem looks clearer.
Meanwhile, token unlocks can either confirm the move or expose it as temporary.
Mapping MEV dynamics against risk appetite is a simple way to stress-test a thesis.
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