To the Moon, To the Moon, Eventually people got bored fo moon landing!!!

[wxa7115]

To fix it, the fix must start with the investors.

Stop investing to meme coins and any single coin that's being built quickly to bear up with the hype in the market. The reason why there are more that keep coming is due to the investors.

If no one will invest into those, the developers will realize that there's no more craze with the altcoins they make.

That is the only way we need to go to the source, and the source of so many scams coins are the greedy desires of investors, if there was no money to be made for them and for the scammers behind those coins then the number of coins we have in the market will drop at least 90%, as scammers will need to find other ways to try to get to our money.

But when investors are literally giving their money away to strangers just because they can write some technical stuff they do not even understand then it makes no sense for scammers to change their behavior when they can obtain so much money so easily.

[Jating]

To fix it, the fix must start with the investors.

Stop investing to meme coins and any single coin that's being built quickly to bear up with the hype in the market. The reason why there are more that keep coming is due to the investors.

If no one will invest into those, the developers will realize that there's no more craze with the altcoins they make.

That is the only way we need to go to the source, and the source of so many scams coins are the greedy desires of investors, if there was no money to be made for them and for the scammers behind those coins then the number of coins we have in the market will drop at least 90%, as scammers will need to find other ways to try to get to our money.

But when investors are literally giving their money away to strangers just because they can write some technical stuff they do not even understand then it makes no sense for scammers to change their behavior when they can obtain so much money so easily.

I would agree to a certain extend, but we can't really control those investors, it's their money anywise.

Maybe we can just gave them piece of advise, and be a wise investors, but as humans, when greed sets in, our decision are clouded and all we think of is $$$ in the future. And then these scammers takes advantage of that mentally, persuade investors specially new ones to give them their hard earn money and then disappear.

And its' going to be a cycle here, same as the boom and bust and bulls and bears trend.

[el kaka22]

How much more Tokens can the industry welcome without succumbing to it's own lack of interest.
100 meme coins a week can only take us so far in the seriousness of this industry.

What else we could expect when bitcoin market is doing super bullish? Basically bitcoin attracts new investors but altcoin is industry trying to catch them in-between; moreover most investors prefer to follow diversification principle which is the basic weapon for devs to deviate naive investors to their side.

These too much of coins and tokens are not my concern any more as people will learn their lesson on their own and then will spread awareness against such new coins/tokens at least to their dear and near one. So, we need to bear all these until most people start ignoring. If we would not have these many coins and tokens and all the investment made so fat would have made only to bitcoin then we might have bitcoin already trading above $100k levels for sure.

[Pejoh Asu]

We are now reaching the bar of 13000 coins on Coinmarketcap,
I wonder out of that number how many tokens/coins you know are really real case use of blockchain and tokens futuristic capabilities? I think i heard of only one that is building now.

How much more Tokens can the industry welcome without succumbing to it's own lack of interest.
100 meme coins a week can only take us so far in the seriousness of this industry.

Do you have your way to find any relevancy in such a cloud of crap?

When everyone is free to create projects this will happen, the number of coins in the market today is more than 13k and I think this makes the competition very tight, in fact many coins die so we have to be careful, meme coins are a trend that is happening right now , maybe most of us don't like it but in general it can be accepted by the public as long as they get profit from it.

[alpamar99]

of the many coins you mentioned I even glanced at not even 100 there
because indeed from most of the coins that exist they are all just mostly imitations and imitations of coins that are indeed very good.
apart from that there is a lot of garbage circulating and only making coins with this is self-profit.
because indeed this can not be overcome because anyone can do it.
but because we are investors and traders, like it or not, we also have to learn and choose the coins we have to have.

[masterrex]

We are now reaching the bar of 13000 coins on Coinmarketcap,
I wonder out of that number how many tokens/coins you know are really real case use of blockchain and tokens futuristic capabilities? I think i heard of only one that is building now.

How much more Tokens can the industry welcome without succumbing to it's own lack of interest.
100 meme coins a week can only take us so far in the seriousness of this industry.

Do you have your way to find any relevancy in such a cloud of crap?

That was already a huge number of cryptocurrencies in existence, and Im sure that number will continue to grow because people have never stopped adding projects till today, But I am certain also that most of that numbers are the dead, useless coins/tokens and less than 1 percent has a true demand, use cases, and game-changer functions most of it will eventually die in the process because they have no real use cases no products and services to support and drive the demand of its token so most it will die and abandon.

[adiebitsler]

When everyone is free to create projects this will happen, the number of coins in the market today is more than 13k and I think this makes the competition very tight, in fact many coins die so we have to be careful, meme coins are a trend that is happening right now , maybe most of us don't like it but in general it can be accepted by the public as long as they get profit from it.

It is very clear that this has happened at this time so that the meme coin circles have started to compete with each other so that those who are not able to develop will die by themselves and will also be drowned by others or by the better of them.

[palle11]

When everyone is free to create projects this will happen, the number of coins in the market today is more than 13k and I think this makes the competition very tight, in fact many coins die so we have to be careful, meme coins are a trend that is happening right now , maybe most of us don't like it but in general it can be accepted by the public as long as they get profit from it.

The meme coins are not to be trusted even they are giving investors ROI. They have clustered the CMC and increasing the number of shit coin. They will die off as soon they are pumped because they really don't have use or need but just meme. Few coins are valuable like Ethereum , DIA, USDT, BNB, LTC. Investing in altcoins requires thorough research because not all altcoins will survive after a hype of pump.

[SquallLeonhart]

That was already a huge number of cryptocurrencies in existence, and Im sure that number will continue to grow because people have never stopped adding projects till today, But I am certain also that most of that numbers are the dead, useless coins/tokens and less than 1 percent has a true demand, use cases, and game-changer functions most of it will eventually die in the process because they have no real use cases no products and services to support and drive the demand of its token so most it will die and abandon.

But when we are the people start ignoring such craps then devs will have no options left other than not creating no more coins and tokens. When we people support blindly by feeding them then definitely this count will grow into 10x or even 100x in coming years and this definitely will have negative impact on the growth of bitcoins.

Because, when people lose money with any scammy token then they may not come back to cryotocurrency space which means bitcoin may lose one true believer. Scams and failed projects will not get investors any good opinion on bitcoin even they have not invested in bitcoins. So, we must take some initiative to stop this non-sense.

[Alanaz]

We are now reaching the bar of 13000 coins on Coinmarketcap,
I wonder out of that number how many tokens/coins you know are really real case use of blockchain and tokens futuristic capabilities? I think i heard of only one that is building now.

How much more Tokens can the industry welcome without succumbing to it's own lack of interest.
100 meme coins a week can only take us so far in the seriousness of this industry.

Do you have your way to find any relevancy in such a cloud of crap?

When everyone is free to create projects this will happen, the number of coins in the market today is more than 13k and I think this makes the competition very tight, in fact many coins die so we have to be careful, meme coins are a trend that is happening right now , maybe most of us don't like it but in general it can be accepted by the public as long as they get profit from it.

actually not that strict, maybe when you look at the number 13000 it's a lot but according to what you said a lot of coins died and were abandoned by developers. other than that that much amount doesn't make you see everything and I'm sure the coins you see are only a small part because the 13000 coverage is very large and wide and we can't examine them one by one.

[iv4n]

We are now reaching the bar of 13000 coins on Coinmarketcap,

We saw that's coming! And in my opinion, many of them survived despite their chances... some of them even got to the new all-time high price! It's a real mess in the alt market, and I don't see that will change anytime soon! We will have even more coins and tokens, it's a big hype about that... but for sure many of them are just pump and dump schemes, possible scams, so I don't bother too much with that! Simply I am looking around and if I see something really interesting I will join, but that doesn't happen often, and I always check that project more closely before I put my money!

[Devifajarina]

We are now reaching the bar of 13000 coins on Coinmarketcap,
I wonder out of that number how many tokens/coins you know are really real case use of blockchain and tokens futuristic capabilities? I think i heard of only one that is building now.

How much more Tokens can the industry welcome without succumbing to it's own lack of interest.
100 meme coins a week can only take us so far in the seriousness of this industry.

Do you have your way to find any relevancy in such a cloud of crap?

That's where the need for accuracy, understanding and introduction to the coin that we want to invest, currently there are many memecoins that appear on the market, but none of them are able to become how it develops in the future, even tokens will not be able to be accepted in the industry without people's interest in using them, the way to do what has relevance is to know in advance, analyze and follow developments.

[dezoel]

This kind of issue is no longer something new in the market. Right from time I have seen a lot of people complaining about this issue of having so many useless cryptocurrencies being released every single day in the market. Sure it also annoys me a lot, because it shows how unserious most of these developers can be.

I really wonder why some people wouldn’t sit down to create their own ideas and bring out something new into the market and help the community to keep improving, rather they will just copy and paste whatever project they see just because they want to make quick money from investors’ pockets. Meme coins are now the most annoying as of recent, we're now seeing a lot of them being released into the market and used as a means of pump and dump. It’s simply best to just avoid these coins, and that’s it.

[wxa7115]

That is the only way we need to go to the source, and the source of so many scams coins are the greedy desires of investors, if there was no money to be made for them and for the scammers behind those coins then the number of coins we have in the market will drop at least 90%, as scammers will need to find other ways to try to get to our money.

But when investors are literally giving their money away to strangers just because they can write some technical stuff they do not even understand then it makes no sense for scammers to change their behavior when they can obtain so much money so easily.

I would agree to a certain extend, but we can't really control those investors, it's their money anywise.

Maybe we can just gave them piece of advise, and be a wise investors, but as humans, when greed sets in, our decision are clouded and all we think of is $$$ in the future. And then these scammers takes advantage of that mentally, persuade investors specially new ones to give them their hard earn money and then disappear.

And its' going to be a cycle here, same as the boom and bust and bulls and bears trend.

And you are right, which is why many older members spend a great deal of their time in the forum warning newbies about the dangers that are ahead of them, many never listen and they end up being scammed, and there is nothing we can do for them once they have lost their savings in one of the many scams in the forum.

However for the few newbies that do listen and that understand that those members are just trying to help them, that becomes the beginning of their journey in this market as they learned that a great deal of what they read on social media about this market is a lie, the sad part is that only a minority of newbies can change their behavior, but at least it is better than all of them being scammed, so the forum is making a difference.