What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
It would've been better if you defined the term "deflationary" to start with as some may not know what it means. Anyway, I think the "get rich quick syndrome" is one of the banes of this crypto industry. This was the same way and energy the Lending Coins were introduced to us and a lot of us got scammed in the process. Just like most people will get burnt with this deflationary stuff too. But certainly, I won't be burnt on this. I learnt my lessons with Lending Coin. I stick to utility and security coins now.