If we take a quick trip down memory lane you will see something very sad. 3 out of the top 20 coins are still actively developed. This is scary because we are in a unregulated space, so anyone can start s project collect funds and just pretend to be in development until people get distracted by newest sparkling toy.
In 2017 there was a mass influx of scam coins and coins that are just piles of shit with no real use. Many of these coins have big followings and solely exist to make promises and not deliver, and yet they hold billion dollar valuations. This cycle will not last forever, and soon the real coins will be all that get any attention.
So be warned you tokens may sound cool now, but don’t be the one that gets stuck hold BBQcoin.
Here is a chart from 2014:
