Those whales likely still have reserves to dump, too. Hell, they can probably create reserves. For a long time it will still be worth it for them to keep marketing crypto to dumb victims.

Yeah this, mainstream big players in financial markets already figured out crypto is useless, so IT firms switched to selling AI to corporates instead.

The way he has been talking about competition makes it look like he has no idea what he is doing and is insecure about it. Even from a pure money-making standpoint, whoever is funding that needs to replace the CEO (assuming the CEO has no control).