I emphatically say it's their right to say that 95% of cryptocurrencies are fraud. If it is true that 95% of cryptocurrencies are fraud, why is cryptocurrency the latest trend in many developing countries even though it is not legalized. This means that 95% of the people in the world are involved in cryptocurrency activities.
This thinking is actually not wrong. more and more junk altcoins are indeed being created. You can also see that in every BSC transaction there will be a trash token that goes to your address.
but as you said, adoption is getting bigger, and trust is growing. although there is no legalization yet many people continue to be involved in crypto transactions around the world.
to be honest, I have to say crypto has a better-looking future.