2025-12-27 01:25:35

Crypto keeps failing to deliver real utility. Strip away the hype and what's left? A playground for schemes targeting retail traders. The numbers don't lie—we've watched two massive waves of liquidity flood in. First the NFT craze, then meme coin madness. Both times, the outcome was identical: cash flowed in but nothing of substance got built. Instead of developers creating genuine infrastructure or solving actual problems, we got speculation feeding on speculation. Until the space produces something that genuinely works beyond being a vehicle for quick profits and exit scams, mass adoption remains a pipe dream. The current trajectory suggests regulation and apathy will eventually win out.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

SandwichTrader

· 11h ago

I also lost quite a bit in that NFT wave. Now I just find meme coins annoying.

View OriginalReply0

APY追逐者

· 12-27 01:54

Ha, no problem... It's always like this, money comes in and goes out, construction? Not happening. --- Same old rhetoric, but what you’re saying indeed happens over and over again. --- utilities? We only hype and rug, totally typical. --- Wait, what about those projects that are actually building? Are they all dead? --- I lost everything in that NFT wave, now meme coins just annoy me. --- Instead of waiting for regulation, it’s better to see who can actually deliver something. --- Honestly, this circle is just a gambling platform, don’t fool yourself. --- If I had known, I’d rather buy US stocks, at least I could sleep peacefully. --- What regulation... the government is almost killing it. --- Serious developers have already left, the rest are just speculators.

View OriginalReply0

SnapshotLaborer

· 12-27 01:44

I see through that wave of NFTs; it's really just pure money-grabbing. Now meme coins are the same, everyone who gets in is just a bagholder.

View OriginalReply0

LightningAllInHero

· 12-27 01:32

ngl this is the current situation, it's always the same套路... To be honest, I also participated in that NFT wave. How did it end? Just a blood loss Wait, you said no one is building? But how do I see people quietly working... though indeed 99% are just trash Retail investors will always be the last bagholders haha Ultimately, there is no real demand, just narrative-driven hype Are those projects on Solana really lacking substance? I feel like... never mind, it's still too hard to see clearly

View OriginalReply0