Quote from: Abiky on April 19, 2022, 01:25:07 PM

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

Their NFT versions success got into some questioning as well. Turns out there are some people who say that they increased the value of it themselves at first, then convinced the public of its value as well. Meaning they spent tens of thousands of dollars to buy from themselves at first, which resulted with them not having any type of belief in the situation being legit.

But I agree with you, even if their NFT was a legit success, it still doesn't mean that just because they had a good NFT collection, that would force their coin to have some good value as well, those two things are completely irrelevant to each other and I doubt it would matter.