Superman’s planet Krypton has its radioactive gravity defying material called Kryptonite, which in certain circumstances can work against Superman & the Kryptonians. In Crypto Land we have some Crypto coins that could weaken the interest of Cryptonians (the crypto world community).
A coin like Dogecoin for example is mined easily and became popular despite its funny presentation and concept. It seems to have the type of encryption that other popular coins have, for example Litecoin. But the value effect and the coin price has fluctuated sideways so much, and for a couple of months now is moving into a downtrend. Look at the volumes. I wonder why the hype around Dogecoin and why is it, despite the hype, not moving up in any spectacular way? Or is Dogecoin Krypton's Superdog (Krypto) in disguise?
Could it be that too many crypto coins with a poor concept are damaging the image and value of cryptocurrency as a whole? Look at the incredible list on ‘Coinmarketcap’. Are there useless coins that are huurling Cypro Land like Kryptonite can damage Kryptonians? A lot of coins are not priced according to their value and what they offer, but according to poor concepts or speculation.
Decentralized blockchain technology is growing in endless ways to be a blessing. But are we in danger of accepting all crypto concepts as equal in value, while some are just schemes that could endanger our crypto planet? Could Superman’s strength ultimately turn into his weakness and loss? You tell me...
I believe that Steem is worth the while!