EliZ
@eliz883
GM best ☀️happy weekend 🤗 A little something
The crypto world is becoming a joke, driven by characters who are doing more harm than good to the entire sector.
We need a proper clean-up of all that on-chain rubbish, where it’s almost always insiders and a privileged few who profit, whilst the rest of the market is used as liquidity.
I’m not against memecoins – quite the opposite, in fact. Speculation has its place too, but it cannot become the sole reason for this market’s existence.
Today, it seems that 95 per cent of the attention is focused on memes, scams and dubious characters, whilst technology and serious projects are left with the crumbs.
And yes, much of today’s crypto technology still has very limited practical utility. But at least it represents a possibility for innovation, something on which to build a future.
Personally, it makes little difference: I trade; I don’t need to fall in love with the projects.
But I can’t deny that a healthier sector, with new ideas, greater interest and capital distributed across credible projects as well, would be far better.
Cryptos need to evolve, not become an ever-larger casino run by the usual four characters. It’s simply a thought that would satisfy everyone and thus help restore the interest we need.