I am still baffled how unrealistic it is that some speculation price driven memecoins without any use case are thriving in the top 20, but some legitimately good projects cannot even enter the top 100. How are those coins even surviving for so long?
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Like, really, we are talking about authorities and governments not taking crypto in a more serious manner. But how can authorities take us seriously when we have useless speculation price driven memecoins in top 20?
How are these coins even surviving for so long? Is it just the hype? Do people get addicted to memecoins? Do they see $0.00000001 price of a token thinking it will reach $1?
Meanwhile some really good projects that actually thought about usecase are struggling to enter even in top 100 or even top 200.
In a perfect world if we desire to gain positive attention and credibility from non crypto people and thus governments, it becomes crucial for us as a community, to shift our focus towards supporting and highlighting projects that genuinely contribute to the development and adoption of blockchain technology. At least I thought so. Most of the time it is only about money and hype.
submitted by /u/middlemangv
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