The vampire market actually started with the listing of Circle.

SOL micro-strategy Sol Strategies and DeFi Development both fell over 19% and 34% this week, respectively.

Meanwhile, the ETH micro-strategy, which was previously seen as the hope for Ethereum, dropped nearly 60% this week. Yesterday's listing of Circle directly accelerated this phenomenon.

It's hard to imagine the king-level pump fun in the cryptocurrency circle two weeks later, community public offerings, and token issuance.