Be Careful Out There Folks: It’s Beginning to Feel a Lot More Like 2017 (SAFE.. This, Finance… That) Mirroring Old ICO Days

Don't be left holding worthless bags!

Without mincing words, the current state of the cryptocurrency market is looking no different from what it was in late 2017, just before the bubble burst and people went back to their normal lives like crypto never existed.

There were shiny ICOs and whitepapers here and there and hundreds of tokens being released every day, sometimes on websites with fake photos of humans that exist nowhere.

Today, we're living a reminiscence with many shit projects hitting under the umbrella of Defi, .Finance domain websites, and practically no live product. Don't get me wrong, I like and do DeFi, but there are just so many scams out there and new investors will get burned when all of this euphoria ends.

Worse is the recent proliferation of meme coins claiming to be the next doge and that investors can make 50x-100x holding a coin that has no use case, and communities that are less than a week old, without everyone looking to cash out and run.

Token supply runs into trillions and you can get 100 billion coins with just $5. Really?

I'm talking about all these SAFE… this, Doge that, Elon (gate), Shiba trash, etc.

If you're a new investor, it would be best to stay out of these trash coins or protect any profits you've made so far. Ask anyone who lived in the 2017 ICO era, and maybe their stories will make you wise up.

The longer this trend continues, the harder the fall will be and the closer we'll be to another market.

You don't want to be left holding billions of worthless tokens!