Quote from: mindrust on April 15, 2022, 03:05:18 PM

All alts were pump&dump shitcoins at some point. Some of them became useful later on. I remember people used to make fun of dogecoin too. Lots of people now treat doge as a holder's coins. Same goes with ethereum. Eth went through lots of shit and yet it has been the #2 coin for years now. Long story short, maybe apecoin is the next big thing. We can't possibly know that yet.

Only a few altcoins have turned from garbage to something useful. But that's an oddity these days. I doubt APE COIN will have any substance to it since it's a highly-speculative cryptocurrency. Just because the NFT version was successful (Bored Ape Yacht Club), doesn't mean the cryptocurrency will be the same. People just want to make a lot of money at a very fast pace, so they will invest into projects that are overhyped even if they lack usability.

Right after the Dogecoin craze, we saw Shiba Inu and several other "meme" coins take the world by storm. This takes away what's really important from crypto which is usability and innovation (not hype and speculation). I just hope we get to see more serious projects in the long run in order to strengthen the crypto/Blockchain industry. Otherwise, it'll be an end of an era for complete monetary revolution. Just my thoughts Grin