Wintermute attacker destroyed 15.9 million ALI

The collapse of the Libra memecoin has shaken crypto investor confidence, prompting some market participants to shift their expectations from the much-anticipated “altseason” to a rising sense that the sector is entering “crimeseason.”Industry analysts warn that these short-term, hype-driven memecoin projects are overshadowing legitimate innovation, urging the crypto space to refocus on solid, long-term fundamentals.