Quote from: Kelvinid on Today at 12:36:57 PM

Quote from: kastara on October 07, 2020, 05:08:32 PM

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology

Don't get wonder why it goes like this. The number of crypto projects is growing but somehow many of them were just worthless. If we think about the beginning of the rise of cryptocurrency? Yes, we have already started it in the past years. The adoption keeps moving on that is why we might seeing an increase in crypto projects but as I've said, not all of them will stay on the market long, some of them will just be dead.

Somehow it's a good thing that we are seeing more emerging crypto-related projects nowadays because it just means that more people are recognizing and adopting it compared to when it was just starting. However, it's also visible that there are scam projects and like what you said, not everyone is successful. So emerging projects can be a sign of the rise of crypto but it does not mean that all projects are worth trusting so we should still be careful because scammers are just using the hype for project development to scam people.