New coins daily.. How do they do it?

[ongkok87]

to buy new coins is very risky because a lot of new coins have become junk and deceptive too. so you have to be careful and careful to choose new coins that are increasingly appearing on the market

[1714118048]

1714118048

[Gontxi]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

that's why you have to choose with knowledge and experience if you want to make dollars from investments, remember not all projects will be successful and most will only be the next shitcoin.
we all need regulations to be a legal umbrella so investors are protected from scams and things like that that only enrich developers.

[Fredomago]

Everyone seems that the market is a lot of coins, but I think that there is nothing wrong.This situation creates healthy competition.And this is a very good sign.

The problem is, since its a open competitions scammers also taking advantages, with that easy to build coins mostly attracts people who didn't understand the market, investing money with developers who's not care about the future of their project, they just created it to make money and nothing else, people needs to be more selective supporting and investing anything.

[moynul2050]

do not be confused with the arrival of new coins in CMC every day, because in the end I am sure that the truly strong coins will continue to survive.
some new coins that don't have good prospects will die automatically.

[bitcoinst]

do not be confused with the arrival of new coins in CMC every day, because in the end I am sure that the truly strong coins will continue to survive.
some new coins that don't have good prospects will die automatically.

Just look at the statistics of the movement of the kind coins on the career ladder in the top, it becomes immediately clear why most of these projects were issued. Unfortunately, really good projects are sometimes lost in all this.

[xenomorphe1]

Its easy to create new coins right now.
There are some websites that offers the user to create their own ERC-20 coins. You just need to input the requirements and you are good to go. You can create your own ERC-20 token in minutes only.

Wow, I'm just amaze with that but my question is, does it have a market value? Or there is nothing to see?
This might be the reason why we are flooded with a lot of nonsense coins. It maybe we should stop this kind of doing, instead we should be looking for a ways that could help the entire community and create coins that have a contribution into crypto space.

The value of a coin only depends on the buyers and sellers. Current coins and tokens are mostly used to try to get more money. The difficulty for the developers is to make it available to most people. Do you really think that the devs and ICO teams already have millions and would give their money so easily?

[Ifemini]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

Lol there are so many tokens because it is very easy to create tokens
Be it etherum or waves or neo or eos

It’s not that hard to create tokens, just get an expert and it’s done

Avoid such useless coins and always dyor

[Aflozy]

I think coinmarketcap should should have a good and quality perquisites for adding new coins.  The addition of coins daily is degrading as most coins are not of any value or importance to the crypto community but a means of making money by their creators.

[fulcare]

I do not see anything wrong with the fact that there are new coins. On the contrary, it is a very good popularization of cryptocurrency. And why would you think that if the project is unknown then the product of this project is also bad? This is the wrong opinion. Maybe the team of some of these unknown projects will be able to transform the crypto industry and we will see the new features of the blockchain.

Nobody said that unknown projects are bad. We need to deal with the fact that it is no problem for anybody to launch a new coin. There are even websites with tools now where you can get started with your own coin.

[sjbi]

In fact many want to involve in activities that are benefiting. People are engaging in cryptocurrency, be it issuing new coins or investment, just because they want to get much more benefits. The fact is who long such coins sustain. According to reports, about 50 percent of coins have disappeared and many more will follow suit for their uselessness. So do not worry. At the end, the market will have only the coins required.

[Pecunia non olet]

There are thousands of them and that is amazing that you can choose from huge cryptocurrencies only few. And same will do others and after some time, there will be only few cryptocurrencies, but the strongest one who survived this fight and that is so good because it brings a trust to these cryptocurrencies!
We  (as a community) have a power which altcoins will survive!

[Ostonian]

Coins that are added to www.coinmarketcap.com are not so useless. To get to the site, the coin must have a certain volume of trades, community and other indicators.

[prtty2gal2]

Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).

But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day.

But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology.

You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get.

[Whosdaddy]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

Lol, that’s why a lot of them keeps on dying off everyday too . They have no other purpose apart from the purpose of making money. That’s why I hate investing in New coins, they are mainly worthless and owned by scammers.

They create it today and try to get investors to invest their money on it, the next thing you know the coin is out of the market and the devs has abandoned everything and the price has dropped and investors who are lucky enough will jump out from it, those who are not will just get stuck in it.

[fulcare]

Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).

But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day.

But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology.

You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get.

More coins with the same technology is not needed, but more coins with a diverse set of technologies for different purposes means progress and choice. Also it means that those dominating a network for example with mining power have to be afraid that users switch to another coin if they abuse their mining power. Having some competition is important.

[Buzhou]

Understandably your irritation with these coin launches almost every day!
But remember that we are in a free market and each person have their needs and expectations with each coin.
There is no point in thinking about an end to the launch of more projects because if this happens it'll mean the end of cryptocurrencies.
From the moment they launched new projects after the BTC, the subsequent amount does not matter.
Bitcoin is a category and all that is not Bitcoin is Altcoin.
In recent years they have managed to develop a smaller category within the Altcoins which are the Shitcoins.
Look for the economic side and possibilities of deals, in the end this situation is not so bad.

[shoreno]

Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).

But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day.

But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology.

You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get.

More coins with the same technology is not needed, but more coins with a diverse set of technologies for different purposes means progress and choice. Also it means that those dominating a network for example with mining power have to be afraid that users switch to another coin if they abuse their mining power. Having some competition is important.

Exactly . we dont need copy cats , we just need unique coins with different approach but unfortunately this isnt easy to do thinking that the crypto market is alreadt bloated with good coins . currently we already have thousands  of coins and when someone make a coin , it will be tough for them to stand out in the competition  . better if the devs will only foccus ln improving the coin instead of creating another coin that doesnt have any purpose  .

[yakushev]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

This will stop only when investors stop buying such coins and focus exclusively on quality projects that have already shown their value, but so far, alas, everyone is looking for a second bitcoin

[mamesso]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

This will stop only when investors stop buying such coins and focus exclusively on quality projects that have already shown their value, but so far, alas, everyone is looking for a second bitcoin

this is proof that everyone is starting to be interested in adopting blockchain technology by participating in ico sales. they believe this platform will work in the future and they will not focus on the price of tokens / coins.
they are not looking for a second bitcoin but they believe the platform will work and be useful in the future.

[Betwrong]

It is very easy to make coin and ask people to give you money.

You can do it like in 5 minutes. It is also very cheap nowadays.

The hardest part is convincing people to buy your coin or to invest in it while it's still not out. Also a coin/token must meet some criteria to be listed on CoinMarketCap, that part is not that easy as well. In my estimation, the very least amount needed for making your project known to some people in the business is $10k. And this only for them to notice your project which they renounce most likely and forget about it in an hour. Convincing people to invest in your project takes much more than $10k spent on ads, airdrops etc. So, please stop saying it's easy and cheap, because it's neither former nor the latter.