Too much of new crypto projects?

[Harish211]

ACG token sale started on coinsbit:
AccoinGreen is a payment network and the modern business ecosystem designed by Australian Crypto Coin PTY LTD. The payment platform will back ACCG , which is a BEP-20 token that will be used in the complete ecosystem

website: http://www.accoin.com.au/


This new altcoin project seems to have massive upside potential.Study the project and tell your views to me.

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[Haselh70]

New project is emerging in the crypto world and crypto enthusiast are happy about it. Such project like the AccoinGreen is one with a good idea.
AccoinGreen is a payment network and the modern business ecosystem designed by Australian Crypto Coin PTY LTD. The payment platform will back ACCG , which is a BEP-20 token that will be used in the complete ecosystem

http://www.accoin.com.au/

ACG token sale started on coinsbit:

[alpamar99]

it's confusing when you see them one by one but I don't recommend it because there are indeed some projects that can only be seen from the background and the whitepaper alone is enough I think when the people behind this project are not convinced then why should you go further by taking the risk of being there

I doubt on 75% percent listed coins or tokens fall under the category of shit project. This figure I think is far much bigger. Only top 50 projects listed on CMC have some use case, rest others can be deemed as useless projects. But, there is catch here to some of those useless project performed exceptionally well in 2021.

even if you look at the top 50 lists, now there are projects that do have meme coins there.
I don't think the current CMC list can be used as a reference because if the CMC rank could be used as a reference, of course, coins like shiba and doge would be considered very good. when in reality this coin is just a decoration and a coin loved by billionaires for pumping and manipulating their assets

[prosperoustop]

I think now a lot of companies decide to enter in crypto currency market, thats why we see a lot of projects!

[Ngemmeng]

You need to know that not all new projects can be registered with CMC because to be registered with CMC, certain criteria must be met. a requirement that is very difficult to meet for new projects is regarding the problem of daily volume because new projects usually have very small daily volumes.
even after they are qualified and registered in the cmc they must maintain the daily volume, because if the daily volume is very small they can be removed from the cmc list. With these very tough requirements of course only some projects will last long in cmc. so it's not as bad as you think, right?

[TelolettOm]

Indeed, every day new crypto project is coming. Moreover, right now, we can see some hype projects related to NFT, Metaverse, Memecoins, and others. This may involve many more new investors. But I think that this is too much. Moreover, most of them will end as shitcoins in the wallets, without any listing on good exchanges. hahaha
I don't know why there are still many investors who are investing their money in that new project. This is very risky, isn't this?

[redwine49]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

If you scare that's a good thing because you will be more watchful and aware which crypto you should not buy.
But if you become too careful, you will lose some opportunity to get more profit

I doubt on 75% percent listed coins or tokens fall under the category of shit project. This figure I think is far much bigger. Only top 50 projects listed on CMC have some use case, rest others can be deemed as useless projects. But, there is catch here to some of those useless project performed exceptionally well in 2021.

Yeahh, if you aware that is good for you. I've seen a lot of shit projects perform well in 2021, and now the trend already faded. They all going to zero

[ringgo96]

Indeed for now many altcoins are present in CMC so we are increasingly confused in choosing new potential coins that we can hold, In this case we must be careful because every new project there must be a scamer who wants to damage investors in investing, of the many coins present of course there are some coins that we can indeed rely on to invest then we must make deep research so that the results we get can be satisfactory.

[First_on_the_Moon]

I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs

When cryptocurrency market raise there is a big demand in new cryptocurrency projects.
That is why a lot of projects appear every day. Investors are looking for new and prospective for investment projects.
But when the market stop raise the demand in cryptocurrency projects stop too.

When market falls only the best projects will survive. Only that projects which are really interesting for people and in demand.

[S3300]

There is difference between coins and tokens and most shit coins are tokens, they don't have blockchain of their own they run on other projects blockchain so go for the heads not the tails, find better altcoins that gives room for new projects like Matic, polkadot, avalanche Luna and Solana

[Shuna_Inuverse]

I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs

When market falls only the best projects will survive. Only that projects which are really interesting for people and in demand.

There is a demand for cryptocurrency projects that is why a lot of new projects appear every day.
Many people invest money in the projects on their seed stage of presale to have the maximum profit from the investment.

[Haselh70]

New project is emerging in the crypto world and crypto enthusiast are happy about it. Such project like the AccoinGreen is one with a good idea.
AccoinGreen is a payment network and the modern business ecosystem designed by Australian Crypto Coin PTY LTD. The payment platform will back ACCG , which is a BEP-20 token that will be used in the complete ecosystem

http://www.accoin.com.au/

ACG token sale started on coinsbit:

[jeungo]

A huge number of coins, tokens, new projects that take the ideas of projects that died in 2017-2018. The same names, there are simply incredibly many deceptions among them, most have the task of deceiving and quickly selling primary coins, and then they say that they were hacked and all.

[Questat]

A huge number of coins, tokens, new projects that take the ideas of projects that died in 2017-2018. The same names, there are simply incredibly many deceptions among them, most have the task of deceiving and quickly selling primary coins, and then they say that they were hacked and all.

That's not new and that's the risk of investing in crypto. However, if you can find a good project, you have the potential to increase your profit like 100 times or more, that's also the reward for investing in crypto. So weigh the risks carefully, whether you'll choose the old and new coins, it doesn't matter as they both have risk and reward.

[Shuna_Inuverse]

I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs

When market falls only the best projects will survive. Only that projects which are really interesting for people and in demand.

The most important than all these new projects will bring a really new and useful for people technologies.
In such case, cryptocurrency will be in demand.

[SAWACrypto]

I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs

The most important than all these new projects will bring a really new and useful for people technologies.
In such case, cryptocurrency will be in demand.

Because there are a lot of new projects the competition between them is very high.
In such a situation only the best projects will survive that is really useful for people and that will continue their development even in the fall of the market.

[LUCKMCFLY]

There are no clear and strict rules of course make anyone who has capital want to make coins, this is the easiest way to get big profits in a short time, with a capital of $ 1 million or even less it is easy for people to make 10x or more, I hope there are clear regulations and strict to organize new project creation.

Yes, there are many new projects, however I think that 2021 exceeded the number of projects especially for NFT games where most were a failure because they could not maintain their internal economy and their model was exactly that of a ponzi scheme, however new Coins that were listed in Level 1A Exchanges were very few, that is, the quantity prevailed and not the quality and it was because most were dazzled by the NFT games and the amount of money that was generated at the beginning, those that remained at the top was those who earned the most.

[Slow death]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

I clearly agree that this is something scary because it is not possible that there is good quality in this high number of new projects that appear every week, scammers have discovered the gold mine that consists of creating shit altcoins. what I would like to see in coimarketcap was that they could have a criterion for new projects to be listed on their website, maybe this would reduce the number of projects that are worthless

[dbc23]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

I clearly agree that this is something scary because it is not possible that there is good quality in this high number of new projects that appear every week, scammers have discovered the gold mine that consists of creating shit altcoins. what I would like to see in coimarketcap was that they could have a criterion for new projects to be listed on their website, maybe this would reduce the number of projects that are worthless

The best way to tackle this is avoiding the unnecessary noise that revolves around exchanges and stay realistic with your investment plans. One can't stop developers from trying out new projects but to be on the safe side investors should at least do enough research on any project before investing and as well try hard to avoid unnecessary hypes because most hypes are projected to lure investors and get them trapped

[Cryptock]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

I clearly agree that this is something scary because it is not possible that there is good quality in this high number of new projects that appear every week, scammers have discovered the gold mine that consists of creating shit altcoins. what I would like to see in coimarketcap was that they could have a criterion for new projects to be listed on their website, maybe this would reduce the number of projects that are worthless

I think Coinmarketcap has some minimum criteria for how it accepts new projects. However, even if they increased the requirements, it is not possible to thoroughly check each new project. They would have to hire an army of workers for this. On the other hand, scammers are now making projects so good that at first it's impossible to recognize them from the legit ones.