There seems to be an issue with Binance regarding the recent release of Scroll. Initially, they launched Scroll, and now they appear to be "releasing" it again, raising suspicions. Whether this is a deliberate action or a sign of the platform faltering is unclear. Just days after the initial release, Scroll dominated the conversation with analyses and predictions, only to disappear from the new listings shortly after. Is this a calculated strategy or a blunder on their part?
This year, the market has been flooded with new projects, as if they were being mass-produced. This trend raises concerns about the long-term future of cryptocurrencies. The situation can be compared to the overprinting of fiat currencies like dollars and euros, which we know has significant economic consequences. Are cryptocurrencies heading down the same path?
With over 10,000 cryptocurrencies now in circulation, the market could soon become overwhelmed by the constant release of new ones. What will happen to the established coins if this continues? This could be a looming problem that might devalue altcoins and even Bitcoin itself. Time will reveal the outcome.
