This space is really crazy man, an altcoin can have a use case and better product for the community to use and they can still jinz the project and make it looks like it nothing because you know why? Everything in the project revolves around the whale, the team and the market makers. Don't you see XRP, does it have any real use case if not the regular sentiment of banks and banks and yet there is nothing around and the price is running every day.
On a norms, coins like PI is something we shouldn't have even allow to exist but they made it look like it's the next thing to buy and I will be here until when he coin resch bottom of $0.2 and when there is dip correction in the market, it will go down and will not rise again. We let some coins have their ways into the heart of people just because of quick money but there is nothing absolutely around them to be worth that amount, no tech, just group of people trying to enrich there pocket.
On a norms, coins like PI is something we shouldn't have even allow to exist but they made it look like it's the next thing to buy and I will be here until when he coin resch bottom of $0.2 and when there is dip correction in the market, it will go down and will not rise again. We let some coins have their ways into the heart of people just because of quick money but there is nothing absolutely around them to be worth that amount, no tech, just group of people trying to enrich there pocket.
Exactly. It's all about the hype. Not the underlying tech of a coin. Why do you think worthless "meme" coins are popular? Because they've brought the attention of big whales and influencers. Crypto projects thrive based on the amount of money entrusted to them by investors. Money talks, right?
I'd expect more altcoins to lose their luster until they become history. What was once a "gem" will now be considered "garbage" as people move on to the next big thing. Just diversify your investment to minimize risks of loss as much as possible. As long as you do that, you'll have nothing to worry about.
