By early 2026, most SocialFi platforms have either been abandoned, acquired, or rendered functionally irrelevant, according to Our Crypto Talk. Tokens associated with these platforms, including FRIEND, DEGEN, CYBER, RLY, and DESO, have seen their values plummet by over 90%, with some dropping as much as 99%. The decline is attributed to speculative investments, bot farming, and trader flipping, with communities dissipating as incentives dried up.
SocialFi Platforms Face Collapse as Tokens Plummet Over 90%
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