If you remember the hit and run of the ICO trend in the past few years, that's what happened to this shitcoin Bonk.
from a few days ago there was a lot of FOMO about this Bonk shitcoin and some of my friends also said that this is good, but unfortunately I was too skeptical about shitcoin and I told my friend "if you are sure just hold it for a week, you will know the truth of its value and in the end the price dumps and everyone spreading FOMO about that shitcoin looks no further.
for a bearish season like this you have to be very careful to choose the crypto you want to invest in before everything is gone and it's good if you are looking for loopholes like what trends will be hype in the upcoming bullish season
That was always the case, Bonk was created to get the funds from investors into the pockets of the project creators and there was absolutely nothing else on their mind at all. It's also understandable because if you could get super rich by doing something like this, you would do it too.
People talk about these topics from investor point of view which I can understand because there are tens of thousands of investors and only a few project creators, but at the same time if you were given a chance, I am sure you would create a token while prioritizing your own profits over others as well. This is why it's quite important to make sure it's not that hard to understand.