People PREDICTED token maxx was a fad/trend Q1 while it was underway, but companies asking employees to cut back was late summer, i.e. Q2/Q3 transition. And the argument isn't end of token maxxing its end of EXPENSIVE tokenmaxxing, i.e. tokens pushed at $$$ and volume that can make ANT numbers square. They're not precisely because people can now maxx on cheap commoditized tokens. The market for premium tokens (at least in SWE) got kneecapped, there's only so much demand for smart/fast.