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RE: Shittokens

in LeoFinance2 years ago

It seems that many of these coins are made based on luck. They think that working for the project to get value is something simple or automatic, as if the price of a coin comes from nowhere, lol (well, not that the US dollar has a value backed by anything, but historically it did before).

I think what's needed are users actually interested in creating a token with value and a utility. I don't know if the supply of a coin really is a definitive determinant of whether it has value (there are several coins with quite a bit of supply and they have a relatively high price).