Post
Topic
Board Altcoin Discussion
Re: Which altcoins will not survive the bear market?
by
justdimin
on 23/09/2022, 12:27:00 UTC
it's a open secret here in crypto market that those developers are just for pure money grab. They will create a meme coin, then market it here or somewhere else, wait for investors to come in. And when the time is right, they are going to sell their shares without anyone noticing it.

And it's going to continue, despite this bear market, there are still a lot of alts that will be born this way. Just like for example, when the Queen of England die, maybe meme coins pop up and supposedly to give respect to her. But it's not the case.
That is not even a secret anymore, there are too many projects that people created just to make money and unfortunately it doesn't even bring anything new to the table neither.

I understand paying the developers if they are doing something that enhances crypto world, if they find a way to build something that is brand new and improves a lot then it would mean that even if the token fails, that means we have a new tech left and that is why paying them would make sense, you may or may not lose money but at least crypto got a little bit better thanks to that. However, there are literally copycat versions and boring tokens that gets paid as well, which is sad.