The vampire market actually began with the listing of Circle.

The SOL micro-strategy Sol Strategies and DeFi Development both saw declines of over 19% and 34% this week.

Meanwhile, the previously hopeful ETH micro-strategy dropped nearly 60% this week. Yesterday's Circle listing directly accelerated this phenomenon.

It's hard to imagine the king-level Pump fun in the crypto world two weeks later, community public offerings, and token issuance.