Those that were around in 2017 and 2018 will remember the massive hype around the so called ‘Ethereum Killer’ EOS.
EOS was going to be king of smart contracts, Internet 3.0, Ethereum killer etc. After raising over $4B in their ICO (largest crypto ICO in history I believe) they have not delivered and are still about 70% down from ATH.
Remember that when you are buying into the ‘next Ethereum’ or ‘next Bitcoin’ often shilled on this sub. I won’t name any to avoid being downvoted to oblivion, but several of these coins being hyped at the moment will fade into the background and never recover from the next bear market.
That is the nature of crypto.
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