I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.
This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.
Of course, they got there for free
Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.