Fresh data shared by KOL Emperor Osmo and research firm Memento Research paints a clear picture of how badly this year has gone for large sections of the crypto market. From once-hyped sectors like AI and Layer 2s to newer experimental narratives like DeFAI and DeSci, losses have stacked up fast, and in many cases, relentlessly. This is not a short-term pullback. It is a structural unwind. https://twitter.com/Flowslikeosmo/status/2002393072374853899 DeFAI, Modular, and DeSci Lead the Collapse At the very bottom of 2025’s performance table sits DeFAI, down a staggering 97% on average. Tokens like $GRIFFAIN and $LMT were pitched as the
The post Crypto’s 2025 Reality Check: Nearly Every Narrative Breaks Down as Tokens Sink Deep Red appeared first on The Merkle News.
