# Why This Cycle is Cooked | DH + RSA

*Author: David Hoffman, Ryan Sean Adams*
*Published: May 9, 2024*
*Source: https://www.bankless.com/de/why-this-cycle-is-cooked-dh-rsa*

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Today we explore David's idea that this cycle is cooked and Ryan has some question starting with... what does that even mean?

On this week's episode of Bankless Takes we answer that question and so much more as we take a deep dive into token distributions and how they're playing out this time around. 

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## TIMESTAMPS
00:00 Intro

01:30 Why Record This Episode?

06:01 Why There Are Structurally Bad Vibes

15:47 Why it's Like This

29:14 The Problem With The Points Meta

38:29 Recent Airdrop Issues

47:21 Where Do We Go From Here?

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## RESOURCES
VC Capital - https://imgur.com/KKqMWBe

Sell Pressure - https://twitter.com/pythianism/status/1784958268420522195

Chris Dixon Take - https://a16zcrypto.com/posts/article/memecoins-tokens-regulation-policy/

LayerZero - https://x.com/LayerZero_Labs/status/1786441554816532646

Hayden Take - https://twitter.com/haydenzadams/status/1786784808187621874