The reason why the cryptocurrency market is so bad now is that there are too many coins issued by scam projects, and once they are listed on exchanges, they just want to dump them on retail investors.
These scam projects are not thinking about how to develop products for the long term; they just want to raise money and cash out.
It's completely different from the bull market in 2021, when it was all about DeFi applications, blockchain games, and the entire market working together to support a single token like Shiba Inu.
Even now, projects like Aave, Compound, and Uniswap are still continuing to develop and optimize their products.
But the current project teams, once they cash out, just switch to new scams and keep listing new tokens.
Buying the scam coins they create is just wasting time on these people; save your time and stay away from these shitcoins.