A recent analysis indicates that by early 2026, most SocialFi platforms have either been abandoned, acquired, or lost their relevance. The majority of SocialFi tokens including FRIEND, DEGEN, CYBER, RLY, and DESO have experienced price declines exceeding 90%, with some falling as much as 99%. The decline is attributed to speculative-driven participation, bot farming, and short-term trading, leading to community collapse after incentives disappeared.