I tend to agree with this, and not only that, they keep promoting scam projects.
It might be a trap for new investors.

But we can't blame those investors who keep hoping that there's the same project like MATIC and Axie infinity that many early investors benefited from.

I may advise OP to invest what you can afford and search for a project that has a real utility and doesn't already exist.
It doesn't mean you're in Binance, you're safe.