Clown market 🤡

Who else thinks that Crypto have become a joke, and a clown market. Elon started this, and now the whole market is looked at like a station for shitcoins/meme coins,food and dog coins. Nobody cares about technology, or inovation. I have been here in 2017 and there where many scam projects, but mostly they promised something like inovation or to solve some problem, now nothing absolutely nothing is promised, and people buy it because it has a cute logo or funny name. I think that this will bring in the regulators and then the whole space will develop 100 times slower.