Every month or so, new altcoins get listed to crypto exchanges
But I do not see their "intention" of getting listed in this situation of the market.
What is the point? They are becoming more and more worthless, even up to 0.0007$ or so?
If i overview the technological aspects, most of them are data platforms, service platforms, or reverse-ICOs.
I mean, is Blockchain technology even going to develop further so that it can be commercialized and standardized?
Its true looks like everyday we have new ico new ANN thread new worthless coin/token, Some are just creating ICO and collecting money with no real use case and scammed so many people so we need to be careful on what altcoins are we going to invest. I think SEC will step in and will eliminate worthless ico's.
More like these current ICOs don't like what market has to offer. Honestly, most of them just want some money to earn and then either run with it and wait for the bull run and some of them just don't want to disappoint most of their investors after the ICO ends and just go refund what they have collected. And the latter is better than what the former does.
They should just stop creating these ICO/selfdrops imo. Its currently worthless for the 90% of the community and a big opportunity for the whales.