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Memecoins and sh*toins are an uncomfortable reality for crypto, because while it kills cryptos reputation and institutional appeal, it also get a lot of people into crypto at the same time

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by COINS NEWS 99 Views

I think that memecoins and sh*tcoins are just going to be with an uncomforable reality we have to live we. I think most of us would surely love to remove the useless ramble of tokens in particular the outright scam tokens out of crypto. Most of them only function as a cash grab for devs if they aren't outright scams. But at the very same time, many people who get into crypto, get in because of memecoins. The vast majority of people are in crypto for 1 of two reasons, the crypto bull run or memecoins.

Now, everyone may not have necessarily bought the memecoins, but the memecoins and some one of their large increases in price or simply the hilarity of people paying money for a joke caught the attention. So many people confess that their first buy was a memecoin or shitcoin. At the of the day, people's attention is demanded by some many things in life, necessary and not so much. And one certain way to get people's attention profit, either though a crypto bull run, or some unsustainable pump off a memecoin or shitcoin.

submitted by /u/OneThatNoseOne
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