Post
Topic
Board Altcoin Discussion
Re: Celeb Coin Will lead to massive crypto adoption.
by
Gozie51
on 19/06/2024, 12:17:27 UTC
Those who are not interested in web 3 will stay away no matter what happens.

Sure. The analogue mind will still be what it is and won't follow such celeb to what they consider as extreme



This is a recent development in crypto where celebrities are now launching coins. I have been reading many threads on what could be its effects but I personally have mixed feelings.

1. Celebrities have large followers. Their coins could introduce their fans to web 3 and crypto.
2. They are using it to exploit people. Some of their tokens have pumped and dumped within 24 hours of launching. This could affect crypto negatively.
3. Most celebrities launch meme coins? Why cant they launch a project that has utilities.

What do you think could be the short term and long term effects of the celeb trend?