City-level token launches could mark either a peak moment or the real kickoff for crypto's institutional breakthrough. When municipalities start issuing their own tokens, it signals something bigger—either we're witnessing the climax of a market cycle, or this is genuinely the beginning of decentralized finance reshaping how cities manage assets and community engagement. The momentum here matters: if governments embrace tokenomics at the municipal level, it fundamentally changes how we think about civic infrastructure and digital economics.