99% of new tokens now are not mineable.
Majority of people we hear that got wealthy they mined early. BTC ETH DOGE etc
Why do crypto bros still chase tokens that are made with +1B supply 80% already unlocked in the hands of insiders, VCs & exchanges?
You are their personal ATM. Only they are making money.
Then they defend the token with "It has a burn mechanism". Wow thank god the plebs can burn their tokens while transacting and the insiders & VCs sell them on exchanges
Crypto that is mined is the most sound investment in here.
People putting effort & resources into the network to mine. Thus improving the network. Generating great communities
Aren't these types of holders better than VCs, insiders & exchanges 24/7 bull posting on twitter how their network is doing great job while holding 80% of the supply waiting to dump on retail?