I like your explanation, Crypto today no longer has good quality as a future crypto project, it's all about how to earn more money to get rich quick and just take advantage of the hype that is only temporary.
The birth of NFTs and meme coins is getting out of control so that anyone can create their own meme coins under any name, but it has become a trend that has so far happened on all crypto networks.
Crypto is filled with junk coins, abandoned projects and many scams occur.
I also come from a past era where crypto projects were very serious and enthusiastic about building a crypto ecosystem with better innovation,
not just junk coins or copycat projects, It is really well-developed.
But whether or not the good old days for crypto will return, it's about widespread crypto adoption but not being matched by good quality.
People need to know what crypto really is, and this crypto ecosystem is no joke.
The birth of NFTs and meme coins is getting out of control so that anyone can create their own meme coins under any name, but it has become a trend that has so far happened on all crypto networks.
Crypto is filled with junk coins, abandoned projects and many scams occur.
I also come from a past era where crypto projects were very serious and enthusiastic about building a crypto ecosystem with better innovation,
not just junk coins or copycat projects, It is really well-developed.
But whether or not the good old days for crypto will return, it's about widespread crypto adoption but not being matched by good quality.
People need to know what crypto really is, and this crypto ecosystem is no joke.
The problem is that mainstream media keeps promoting Bitcoin as some sort of prosperous investment that will make you rich quick. People are only in it to make a lot of money. Not because they care about its tech or ability to change our world for the better. Same goes for "meme" coins and other "shitcoins". Developers are just going along with the "flow". The vast majority of them aren't even building quality projects anymore. I wouldn't expect that to change anytime soon.
Things are even worse these days with platforms giving people the ability to launch their own token/cryptocurrency or NFTs without any coding knowledge or technical expertise. Just a few clicks away, and you'll be able to build your own "scam" with ease. So you can see how the industry denigrated over the past few years. At least, there are a few developers building innovative projects. The crypto industry is around 15 years old, so I'd give it more time to mature to see what happens.
