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Why is there no talk of new cryptocurrencies and projects anymore?

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by COINS NEWS 128 Views

I feel like there is only talk about the market, exchanges, and price of the top coins. There is talk about the market and investment strategies, but not about upcoming new projects to invest in. People say they are into it for the tech, but where is the tech talk?

Why is this? Is it because people are tired of rugpulls, memecoins and projects that overpromise and never deliver? It is because of the lack of real-life utility of crypto?

Everyone of us invest in Crypto to have the potential of earning good returns. But investing in Ethereum and Bitcoin will likely not 100x like a smaller project will. When I invested in Bitcoin I put in a small amount, and it made me 50x a few years later. Now it seems, people are putting their whole life savings into the top coins and experiencing huge losses. That sounds extremely irresponsible and unhealthy to me. I am not interested in investing in Apple in 2023. I want to invest in apple in 1995.

Are there any interesting developments in Crypto from new unknown projects, with a qualified team of people with good reputations?

submitted by /u/dypeverdier
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