Actually, the majority of the people want to become rich overnight; that is why they start to throw their money into short pumps and dumps of meme coins and lose their money. Besides this, there are a lot of projects that eat investors money, and in this way, a lot of money has been wasted. In my opinion, if this money had been invested in long-term projects, today market sentiments would have been different.
Well, currently the market is way bad red, and everyone's portfolio is down, and I don't know what's going on. Altcoin season is still pending, and in this current time, the market should have in good sentiments, which is really not yet haha.. Well, Hope for the best everything will recover soon in coming time.