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I think we need to have a better term for given types of coins

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by COINS NEWS 80 Views

So I'm sure we all heard lately of the ton of "AI" coins that came out or already out. Some of the coins have use, while others are just going off the ChatGPT hype. And I imagine as AI comes more and more out, this will come in waves.

So calling it the latest "hype coin" or "shit coin" isn't accurate. As I mention, some of the coins actually do have some use. And some of them are even a few years old, so it isn't like they jumped on the current trend train. So it isn't like they are jumping into the current trend just to grab investors. And because some of them have actual use, they aren't shit coins too.

There is no good label for these types of coins. Where they just so happened to be in a trendy area, it is functional, and whatever trending has no real influence if the coin is in the trending thing. What terminology do you think best fits thing like this?

(Note: in the stock world something like this would be called a unicorn. But that tends to be a extremely small set of companies, if not just 1. I feel as time goes by, we will see more and more of this happen. Like as web 3 comes out, I can see where coins dealing with that will be this. When CBDC come out then another set of coins will magically fall within the trendy thing. And so on. So a unicorn doesn't fit this IMO.)

submitted by /u/crua9
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