Too many pointless coins have flooded the market. On top of that, there are countless meme coins with no real utility. One of the main reasons altcoins have lost momentum and fallen out of favor is that people simply don’t trust them anymore. Project teams keep making empty promises, dumping their tokens, cashing out, and disappearing, with no real accountability. The excitement and fun that once defined the crypto market are gone.
#BTC #ETH They’ve turned people against crypto. Many now see the entire industry as one big scam, and trust is almost gone. It wasn’t this bad before. Even the major crypto exchanges rarely stand behind the projects they list and support.