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Anyone else just completely dead to the idea of any new coin that enters the market now?

All Cryptocurrencies

by COINS NEWS 130 Views

I used to be excited a few years back at the prospect of new coins and their possibilities. Each new entry was a potential chance to get in on the ground level of some new venture into the unknown.

Yet nowadays crypto looks like Netflix, for every actually well known, successful piece of media it's just pages and pages of 'originals' to the point where the little notification that Netflix has released a new item fills me with the same level of excitement as the cooking instructions on my tin of soup.

Every new coin just seems to be either one of the following categories:

  1. A rug pull or some other type of scam, often pumped by some influencer or celebrity that will be dead before it even hit the ground.
  2. Promise the moon but will never go beyond initial development, often involving laser eyes with a price history that will resemble a playground slide as it creates a perfect first half of a parabola.
  3. Some tokenomitry that is just pure maths cringe with about two dozen zeros to the right of the period before you hit an actual number and a supply that extends another couple of down zeros to the left.
  4. Elon Dodge trash tier coin

Personally, I'm not even looking at anything that isn't in the top spots anymore, and almost half of those are rejects anyway. It's sad that the discovery phase of crypto is basically dead and it's now just stick to what exists and be a bag holder.

submitted by /u/xavierwest888
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