This takes me back to 2017 when some random ICO can earn millions of dollars just by spamming their ANN thread on forums. I guess we can use this as an indicator that the market is in a bull run or close to it, can't wait to see how hard the drop hit those people though. Maybe this is coming from new retail traders who never had the experience of losing 90% of their capital in one day. Hopefully, they don't use all their money to gamble on short-term profits with those shitcoins and exit way too late. I'm not optimistic about this though, people don't learn.
This takes me back to 2017 when some random ICO can earn millions of dollars just by spamming their ANN thread on forums. I guess we can use this as an indicator that the market is in a bull run or close to it, can't wait to see how hard the drop hit those people though. Maybe this is coming from new retail traders who never had the experience of losing 90% of their capital in one day. Hopefully, they don't use all their money to gamble on short-term profits with those shitcoins and exit way too late. I'm not optimistic about this though, people don't learn.The emergence of new projects is part of a bull run, and we also had the same thing in 2021 with many new projects in the BSC ecosystem or GameFi, MoveFi projects on Solana. I don't research new projects in the Solana ecosystem, there have been dozens of new projects appearing recently and it's really hard to keep track of and understand all of their solutions and tokenomics.
This takes me back to 2017 when some random ICO can earn millions of dollars just by spamming their ANN thread on forums. I guess we can use this as an indicator that the market is in a bull run or close to it, can't wait to see how hard the drop hit those people though. Maybe this is coming from new retail traders who never had the experience of losing 90% of their capital in one day. Hopefully, they don't use all their money to gamble on short-term profits with those shitcoins and exit way too late. I'm not optimistic about this though, people don't learn.Some projects were so good that it was impossible to know they were scams, so I think scams are now much easier.
The recent rise of the Solana blockchain has made some think that perhaps there will be a rise in tokens and the scammer has taken advantage of some people who might invest randomly in order to make a quick profit.This depends on what kind of fraud you mean, perhaps it should be clearer, because so far there have been a lot of new tokens on the Solana network that have been created to deceive inexperienced traders, but I am sure that for projects that have the aim of fraud, it seems that this is starting to decrease. .
I hope this is a lesson not to follow the wave.This takes me back to 2017 when some random ICO can earn millions of dollars just by spamming their ANN thread on forums. I guess we can use this as an indicator that the market is in a bull run or close to it, can't wait to see how hard the drop hit those people though. Maybe this is coming from new retail traders who never had the experience of losing 90% of their capital in one day. Hopefully, they don't use all their money to gamble on short-term profits with those shitcoins and exit way too late. I'm not optimistic about this though, people don't learn.Some projects were so good that it was impossible to know they were scams, so I think scams are now much easier.