Quote from: 7788bitcoin on April 24, 2022, 10:50:36 PM

Quote from: VRExpress on April 18, 2022, 08:43:04 AM

This is a warning to all of you running after meme coins, even if they get listed on top exchanges it doesn't mean they will survive for long, or have you forgotten that many projects got delisted from exchanges after the ICO craze of 2017? The same thing will happen once a tough bear market starts, so many meme coins won't be able to cope with the situation and many exchanges will be forced to delist the tokens.

This is going to be fate for majority of the projects that are started in the past year and then getting listed in Tier 1 exchanges, if the market goes down and there is not much volume then eventually the exchange will delist the coin. It is a reality even if the team spends a huge amount of money to list the token and if they are not able to maintain that level they will die off eventually.

I do not know why this is surprising to some people as this is just the way things are supposed to work, maybe because we have so many coins in the market people assume that the majority of the coins can survive for a long time.

But in fact that is not the case, most coins disappear after a year or two and in order to keep the current number of coins a great deal of projects are released to replace them, many times this is done by scammers which are looking for new victims and by stubborn developers which cannot simply accept they do not have the skill to produce anything that is valuable and they try to create new coins over and over again thinking that the community will finally appreciate their efforts.