The amount of websites that exist for the sole purpose of “price predictions”, hype, clickbait and promoting memecoins is ridiculous. Articles and websites like this is why scams continue being profitable and why the general public has a fairly negative view on crypto.
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We talking about doing your own research. This is good, but for every legitimate research or new article you find there are 10 more articles that predict the price of some random token. It's to the point that it is actually burdensome when you are trying to keep up to date with crypto. Even if you just google search "crypto" filtered by News, you'll be bombarded with these kind of publications. There are way too many grifters in the crypto space. Even as a person familiar with crypto and accustomed with the structure and flows of crypto, it hard to be able to research and follow and keep up to date, even if you have a list of websites and reputable source, as even these at times can post news and articles for clickbait and hype. It is very believable that many of these websites owners simply buy tokens and just post articles for exit liquidity. Or perhaps even take pay-for-post commission for rugpull devs. Thus it's would be much harder for a fresh newbie to crypto to get into the space and not be misled by false, hype and clickbait. It is no wonder that so many new investors fall for rugpulls and so many sh*tcoins keep being created – because they continue being profitable. Crypto public reputation need a serious facelift and these trash articles are a big part of the problem. submitted by /u/pebble-punch |
