Quote from: GreatArkansas on Today at 12:18:47 AM

That's why I consider the bear market as the terminator of scams and shitcoin projects in the cryptocurrency market. This is already proven even though the last bear run started in 2018. The best example is the ICO fever, a lot of projects before vanished and turned into scams. But look how Bitcoin standing now, it's still the king and on the top.

If we compare the bear market of 2018 with the current one, then the difference is very significant, since the IСO initially had a lot of fraudulent projects focused on taking money from investors, and thats it. And now we see how large exchanges like FTХ, or other large projects go bankrupt, and they definitely didnt intend to deceive their investors, they planned to work on the market for many more years, but stronger players simply take them out of the market.

This only says that big players with big money come to the crypto, who eat the weak. This is a good sign for me, as it says that they see great potential in the cryptocurrency market and we will see growth, I hope in the near future.