I think Farcaster as we knew it is dying. I suppose the reason is the market itself, but that's not the whole story. I've been involved in projects for years that have weathered bear markets far worse than this one. But those projects continue to work and innovate, and even though the price action isn't the best, they remain consistent.
Now I ask, what happened to $EGGS? I never saw
@farcasteradmin.eth say anything about the project, an update or anything. There are many projects like this one, which confirms that everyone is only here to make money and line their own pockets. I'm not saying that's wrong, but the idea of building something is that it should be long-term.
I don't know about you, but with this kind of behavior, traditional networks will always outperform "decentralized" ones in web3. Many filled their pockets and never showed up here again.