Agreed; these things don't even properly pump and dump anymore. They launch, get on Bittrex, drop to 1 satoshi and then get delisted. With anon, encrypted messaging, etc. it actually takes money and skill to create a new coin that is even equal to the top notchers especially since the high level functions are starting to be closed source and/or require special infrastructure. This week the flood of shitcoins has really dried up. I hope the trend continues so that the market and valuation can coalesce around coins that actually have a purpose either technologically and/or as (relatively) stable stores of medium term investment value. Now that I've said this, this shitcoin coin will rise to replace bitcoin, replace gold in the world economy and have a valuation of $10,000 per coin. Future business textbooks will use this post as an example of how investors can miss the train on the ride to the moon by not boarding the rocket while there are still seats before blastoff. Somehow I don't think so ...
wow, another new coin
like we need it lmao
I have stopped wasting time on new coins that offer no new innovation at all.