Crypto hype cycles always seem to throw us curveballs. Looking back at recent market movements, gotta ask—which trend actually dealt more damage to the space?

Memes coins had that explosive moment where everyone and their grandma jumped in, chasing 100x gains overnight. Wild volatility, pump-and-dumps galore, retail getting liquidated left and right. The whole cycle felt messy but at least it was honest chaos—nobody pretended meme tokens were anything other than pure speculation.

NFTs, though? That was a different beast. Billions poured into digital collectibles with promises of revolutionizing art, gaming, and digital ownership. Mainstream media hyped it as the future. Then the floor collapsed spectacularly. People got stuck holding bags of jpegs that tanked 90%+. The whiplash was real.

Both left scars on the industry's credibility. But if we're real about it, which one set crypto adoption back further? The meme rush at least didn't convince your grandmother that she was investing in "revolutionary technology"—she knew she was gambling. NFT collapse hit different because expectations were artificially inflated.

What's your take? Which one hurt the ecosystem more?