It has come back a bit recently but I think the worst of it is over. That's the thing about degens: they get bored quickly and move on from one things to the next. After Ordinals/BRC-20, it was Doginals/DRC-20, then Ethscriptions (bring it full circle, writing NFTs in ETH tx data rather than via smart contracts, lol).
my apologies to everyone if I didn't make this point sufficiently clear upthread...
...but I'm gonna make it here again.
this whole phenomenon is based on the NEWNEWNEW scam, most "altcoin" stuff is, and
we all know it already. in fact, most people trading newly issued stuff are actually engaging in a scammy blinking contest: probably
most players in the market activity
know they're playing the "hold my bag" game
and then it all starts again next week with the "new" NEWNEWNEW, same game, "!!new and exciting tech!!" **yawn**
and the major irony for me is the same as it was with
most of these Bitcoin protocol/relay policy/ecosystem debates; it's possible to make the whole thing worse than it really is, simply by talking about it more than it deserves