If it continues that retail investors are not given opportunities, and all the profits go to the rich, with schemes dividing the earnings, the market is basically on a losing streak for the third day.
If this continues, then the Believe model will become unsustainable. No amount of support will change the fact; it needs to be adjusted to let the market benefit a bit, otherwise, it really won't be able to support this valuation and will collapse.
Pump is a precedent; no one is playing anymore, and the founder is using words to boost the market, but in the end, they still prefer the Bonk platform.