Quote from: Altcoiner007 on June 06, 2024, 10:44:59 AM

The success of NOT coin, a telegram mining token, has led to a surge in participation of younger individuals in my community and online who have little knowledge of blockchain technology and cryptocurrency. It's both exciting and concerning to see them jump into mining tokens on telegram without any understanding of the technology behind it. Some seem more interested in quick profits rather than learning about this growing industry.

Their constant questions about when mining will end and how to sell tokens make it seem like blockchain cryptocurrency is just a way to get rich quickly. While I initially saw these trends as a positive sign of crypto adoption, I now worry that it's diminishing the value of being known as a legitimate crypto investor, as more and more individuals claim to be involved in cryptocurrency without truly understanding it.

This is how the trend world works, I remember when pancakeswap first came out, 100 of the same thing came out too, and their github was public so people literally did exactly the same with just a few graphic changes, like logo and colour, and published basically the exact same thing. Some of them even got big for a while, and they made some money for some people, but in the end most of them were just trend chasing projects.

Same is going on with meme projects, everyone is looking for ways to create shitty tokens that are just memes, and hope to make some money from it. All in all I do not think that we are going to end up with a good result, but the logic is quite common, notcoin made some money and everyone is trend chasing it now.