If there is anything that destroyed crypto’s charm, it’s the easy access to creating memecoins. Anyone can launch a token in minutes, flood the market with garbage, and call it a “project.” Real innovation gets buried under noise.

Yes, it brings eyes to crypto but most of those people only come to lose money and never return. That damages long term adoption. When newcomers get rugged or stuck in hype cycles, they associate crypto with scams instead of technology.

BTC

96,625.1

+1.62%

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