Post
Topic
Board Altcoin Discussion
Re: Do we Need Altcoin?
by
vv181
on 10/07/2022, 08:04:35 UTC
The world of digital currencies is growing exponentially, with new altcoins being created all the time. While some may be novelty coins with little genuine value, others may have unique features that make them more useful or desirable than traditional fiat currencies.

One thing worth taking note is that everyone shouldn't generalize a new altcoin that brings innovation is comparable with shitcoins. In fact, there is a far significant amount of useless coins and tokens are being generated, which makes it hardly possible for most people to be able separate the wheat from the chaff.

Some people do it in a purely gambling way, like not doing their due diligence and simply consuming so-called experts or influencers' opinions. A reason that might explain why pump and dump groups are existing.