Post
Topic
Board Altcoin Discussion
Re: The rate of abandoned projects on solana
by
Rabbitqt
on 25/04/2024, 08:07:36 UTC
From my research I found out that Solana is referred to as high-speed blockchain network, but recently, from my experience it has been for entirely different reason, the network has being at the heart of an unprecedented meme coin frenzy.
Several meme coin projects I bought on Solana has rugged me my hard earn money and a lot of projects are succumbing to rug investors and crypto lovers.
Yet Solana Blockchain network is paying insipid attention to it or no process of verifying a real project before launch. They give room for every one to launch on their network where by bringing fake or scam projects onboard. And I begin to think otherwise, if they really don't know about all this scam projects.
I stand to be edify as I'll be looking out for your opinion in this thought.!



SOL projects are just another craze, similar to ETH ICOs. We faced the exact problem in 2017. That said, I do expect it to do well this bull run, regardless of the number of dead projects there are..