Used as a prime example of failure in the non-financial crypto sector, having a multi-billion dollar valuation with only ~300 daily active users.

Used as a historical warning of a massive run based on the Metaverse narrative that was followed by a sharp decline, stressing the importance of taking profits during euphoric rallies.

Used as a historical example of a successful 'social arbitrage' investment, where its token price pumped after Facebook's rebrand to Meta.

Used as a prime example of a high-risk altcoin with a high valuation but 'no product market fit' and very few active users, making it part of a 'short garbage' trade thesis.