Quote from: Cvetik56 on May 08, 2024, 01:01:45 PM

Well, yes, but I think that a lot of people tried to enter the market through memecoins, were disappointed, lost money, and turned back. So there are two sides for this coin.

That's because people want quick results. They believe "meme" coins are the easiest way to make a lot of money. But they've got it all wrong. Crypto was always about utility from day one. Not a means to enrich ourselves. The industry is now more speculative than ever with the introduction of "meme" coins. This is all Elon Musk's fault. There are hundreds, if not thousands, of worthless "meme" coins on the market. Developers are focusing on quantity instead of quality. It will stifle innovation in the future. Just you wait and see.

I know "meme" coins help attract newcomers into crypto. But they shouldn't be the only thing we should focus on. Serious projects will be the ones that will truly shape the crypto/Blockchain industry. I'm talking about Bitcoin, Ethereum, and the likes. Hopefully, things will get better in the long run. Undecided