The influx of clueless newcomers, thanks to Telegram mini apps and TON airdrops, is causing real damage to the crypto market. These new entrants, who have no understanding of market fundamentals, are spamming every chat with "$DOGS to the moon" or " $HMSTR to $45" without even knowing what they're talking about. It’s not just annoying; it’s outright harmful to the entire crypto space.
Here’s how it’s hurting the market:
1. Liquidity Drain: These "meme coin" tokens grab liquidity from actual projects. Serious investors are hesitant because they see liquidity pumped into pointless coins that only have short-lived hype. When the hype dies down, so does the liquidity, leaving the market dry.
2. Price Manipulation: Panic-buying and panic-selling caused by these newcomers lead to extreme volatility. A wave of FOMO (Fear of Missing Out) drives prices up ridiculously, and just as fast, a wave of panic crashes them. Real projects suffer because investors are chasing hype instead of real value.
3. Pump-and-Dump: These new traders are easy prey for pump-and-dump schemes. They buy into hype without understanding what’s happening, then dump their tokens at a loss when prices crash, causing chaos across the market.
4. Panic Spread: These inexperienced users trigger market-wide panic. A sudden dump of a worthless coin spreads fear, and suddenly people are pulling out of legit projects, driving prices down and causing unnecessary damage.
Crypto isn’t a playground for "get-rich-quick" schemes — it’s a space for innovation, long-term growth, and real value. Time to start treating it that way.
Big exchanges need to step up. They should either ban or refuse to list these useless Telegram-based tokens to keep the market clean. If we keep allowing these morons to run wild in the crypto space, we’ll see more panic, more volatility, and a total dilution of the serious work being done in crypto.
#WeAreAllSatoshi #BinanceTurns7 #btc70k #Liquidation #meme_coin $BTC
