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Preparing for alt season: Fun vs. Facts

All Cryptocurrencies

by COINS NEWS 131 Views

As we prepare to enter the next "alt season" and (most) alt coins lead the charge back up, take a moment to consider whether or not you are buying into anything meaningful if you decide to fool around with projects; especially meme coins.

Beware of shills that use empty words like "fun" or "welcoming community" when they should be describing how their beloved meme coin adds utility to the cryptoverse and how its tokenomics supports the project's sustainable growth.

If you're looking for a good time, try a carnival.

Carnivals are also fun, and usually pretty welcoming. They want you to spend your money on the freakshows and sideshows while they sell you hyper-inflationary hot dogs.

submitted by /u/xaven10
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