Post
Topic
Board Altcoin Discussion
Re: What's the cringiest crypto project you've head about?
by
Kusunoki_Samurai
on 24/02/2025, 14:21:00 UTC
I mean projects like SpankChain or Cthulu (FHTAGN). Project that make you think "stop, what? realy?"

I'm writing the article about ICO era and cringe it has brought in our world. What's the cringiest crypto project you've head about?
Crypto usually has many such ICO projects that have been scammed and many investors have lost their money. Meme coins are often scammed the main reason being their volatile market and low liquidity. Also, many meme coins do not have a strong team or technology behind them which can affect their price. Developers create a meme coin and collect money from investors. Later they close the project and run away with all the money. You should be aware of these scams before investing in meme coins.

There are a lot of new meme coins now, but almost all of them earn on HYPE and have temporary popularity, which largely depends on advertising and promotion. Good marketing makes a lot  Cheesy Cheesy Cheesy Cheesy