I thought many old-timers still remember the near-zero (not $0.00, but $0.001 or something, can’t recall) price of LINK during 3/12 back in the day, and many newcomers have heard about it too. A lot of people bought in at that time and made massive profits, no rollbacks… This kind of situation happened because the liquidity below reached an almost vacuum-like state. On 9/4, many coins also hit near-zero prices. These black swan events were all cases of severe liquidity squeezes.