Make no mistake, I invested in one treasury shell (ena) for short term gain plus stablecoin is a differentiating narrative. In mid to long term I think these shells are going to be very bad for the market. Just imagine when CBs are exercised when there’s a bear market, these shells have to sell the underlying tokens to pay back debts. It will be downward spiral. We are all making short term gains thanks to wall streets, we will pay the price in long term.