Quote from: Lilybasil on Today at 12:52:03 PM

Quote from: robelneo on August 08, 2024, 11:42:36 PM

Quote from: Lilybasil on August 08, 2024, 06:48:26 AM

Hey guys. Good day. We've seen a lot of meme projects rewarding airdrops to users with Telegram and Twitter accounts lately. It seems that's the new trend. It started with dog-themed coins, and now we've seen the likes of Olycoin doing well in the long run. Given that it's backed by Foresight Ventures, what's your opinion about this?

@OLYCoinBot

You forgot to mention Notcoin, Hamster, and the like. This is a new trend right now because of Notcoin's success. They, too, are considered Telegram airdrops.

They are the new trends now, but I have not yet seen if this trend will hold up for the long term; just like the meme trend, I have been working on 5 of them, but there are at least 20 of them, but I cannot keep up with the time and effort involved.

Honestly, I doubt all of these tapping mining projects are good and will perform well in the market. Maybe three or five of them will, and the rest will struggle since they are just copy-paste projects riding on the trend.

In the crypto market. Trend shifts. I remember when trend was gamefi, later it turned to memecoins..now it's revolving around tom ecosystem and firms like foresight have invested heavily in the ecosystem.. they also happen to support olycoin. Since it's free, I think it's a good risk ahaha. Don't you think so?

Those changes is normal since people always look for something new since what usually those meme coin investor or other things you called it think about that if you are an early adopter of certain technology introduce they are the one who can earn good benefits for their early participation on those projects.

But as long as everything is free on those telegram airdrops and you can do the task what has been asked then its still good to participate especially if you have plenty of time to risk. Also don't expect any sure profit from those projects since again when there huge hype created by certain trend, there's also lots of scamming will exist and we need to take extra precaution dealing with those scam so we can avoid to get compromised.