The Rise of Pervasive Quiet Quitting in Crypto

The concept of 'quiet quitting' has gained traction in the crypto space, reflecting a significant decline in enthusiasm among community members. Many participants are becoming disengaged, primarily due to a growing perception that crypto projects are failing to deliver on their promised potential to address real-world issues. This trend marks a departure from the optimism of previous years, where beliefs in projects like DeFi and NFTs generated excitement and investment. The current atmosphere is characterized by a stark realization that, despite the market growth, many projects lack viability and fail to fulfill their initial promises.