Best time to re-evaluate your investments is now

Cryptocurrency News and Public Mining Pools

Best time to re-evaluate your investments is now

Playground is changing:

There's been a shift of interest by major players in this field. Talking about Exchanges their CEOs, VCs, etc
Majority are now focusing on actually building something with crypto.
But why now? Why not when there were other projects as old as ethereum?
Because memecoins & shitcoins were where the money was at. Exchanges VCs and shady dev teams have been riding this easy money bandwagon for too long.
But they can only fool retail so long… Interests are shifting, either people leaving the market alltogether or simply going after what's actually building something.

Exchanges are in a do or die situation:

Exchanges cannot hope to ride another bullmarket on memecoins & shitcoins that do jackshit besides pump & dump. I believe it's a do or die right now environment for them.
If exchanges can't shift the narrative to something else they risk losing retail forever, and it's pretty hard to convince new people to join crypto now with so much scams rugs memecoins etc…

Will they finally back your +4 yo project? prob not. Why? Because it built nothing in those years.
Haven't seen anything outside crypto. Projects are just trying to compete for security/privacy or speed on blockchain.
I have seen Binance and others backing Artificial Intelligence Projects, but if they don't build something worthwhile with actual users needing it….

And if all this fails… Well GL binance & others trying to reinvigorate retail to buy another memecoin

submitted by /u/BlazingJava
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