Crypto used to feel like it had a direction. $ETH was leading the way with the smart contract revolution, a growing ecosystem, and a community that truly believed in the future. Altcoins had real potential, everyone was thinking long term, and the market felt healthier. People could hold, they could trust that something was being built. Every project had a vision, a roadmap, a promise that this technology would change the world.
Now? Crypto has become a casino. Ever since Solana went up with its super-fast transactions and low fees, everything has changed. Every day thereโs a new coin with a crazy market cap. Not because of strong fundamentals, not because of innovation, but because of blind speculation. Everyone is racing to find the next coin that will 10x in a week and then be left to die. No one cares about the long term. No one cares about the vision. Crypto is now all about who can get in first and get out before the rugpull. This is not the crypto world of old.
What's more painful is that liquidity that should have supported truly constructive projects was stolen by the memecoin culture $SOL . PumpFun, an on-chain gambling platform that turned crypto into a joke, should have been banned long ago. But no, it was big influencers and foreign celebrities who made things worse. They created memecoins, pumped them with hype, then robbed their communities. Billions of dollars that should have pumped quality altcoins were lost, never to be returned to the market. Everything was robbed.
And ironically, retail still entered. Retail still got rugpulled, still lost money, still hoping for a new coin that could save them from previous losses. This is no longer a crypto market. This is more like a global gambling scheme, where those who have access first always win, and the others are just exit liquidity.
Hopefully the US will immediately ban PumpFun and all platforms that exacerbate this speculative culture. Crypto needs to be saved.Crypto needs to go back to the days when technology and innovation were valued.
$PIXEL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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