Quote from: MAAManda on April 14, 2023, 08:42:48 PM

Quote from: Godlovesyou on April 14, 2023, 05:03:31 AM

Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.

Not only "Wakanda", there are lots of altcoins that just rely on the hype out there that keeps being born every day. Instead of thinking of it as an investment, I prefer to call it a gamble, because usually the strength of degen tokens is just the hype, there are no other strengths other than that. My advice, you better look for trustworthy altcoins for at least they have real proven advantages, like L1 projects (Aptos, SUI and Oasis Network).

I mean shiba is literally that, it was created because the "doge" in the doge coin is a shiba if you look at what type of doge it is, it's a shiba dog and that is why it was created. There was hype around doge, so shiba creators said why not make one with the actual name instead of the fake name.

In fact, it goes even one further away from that as well, there is one called "floki", which is the doge that Elon Musk owns which is a shiba dog, and named him floki after the vikings tv show character. Even that got in to top 200 for a while don't know if it is still there. Long story short there are a lot of people who do a lot of stuff and I am guessing that it should not really be interesting to see at the current moment. I hope it won't be anything like that anymore.