Why do people ape into the memes but stay extremely skeptical of actual projects?
As the title says, I've been noticing more and more people rushing to spend money on meme coins (and the likes), in what I can only assume are the hopes of turning a massive profit out of a much smaller amount of money. My question is, why are people so willing to literally gamble their money on meme coins and hype when much better projects with much more utility have existed for so long and are known to be much better and more trustworthy in the long term? And on top of that, why is there so much skepticism about these real projects, but almost none on meme projects without any real roadmap or plan going into the future? Is it purely because people just accept the fact that the memes are nothing but degen gambling, or am I missing something here?
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The Bitcoin block reward has gone up 3 Bitcoin in the last hour
I just made a post about the Bitcoin block reward steadily rising over the past week. I checked the block rewards and I was astonished...it hasn't been below 10 Bitcoin in the last 6 blocks. https://preview.redd.it/7gtvi9uuqgya1.png?width=920&format=png&auto=webp&v=enabled&s=05b2796f79a71925fdeea56ced3aac80a89296da The block reward has been steadily growing BUT please note the priority fee you must pay for you transaction to be put in the next block is over 4x higher than it was 5 days ago. ​ [5 days ago](https://preview.redd.it/nfwazh7crgya1.png?width=550&format=png&auto=webp&v=enabled&s=59404ac5bfc03128c29b9b0deca3e62fa45808eb) ​ [Today](https://preview.redd.it/nf53hagxrgya1.png?width=433&format=png&auto=webp&v=enabled&s=2e44f1728df1a0c4eba5c7fbfc61f1368b1c62ac) At this rate the Bitcoin fees paid to the miners in the block reward will grow larger than the reward for validating a new block.
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Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees
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🖕🏻🏦
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🏦JPMorgan BANK US biggest bank holds a (MASSIVE gold derivative SHORT position 💰📈 That could be LARGER than the bank’s total assets (AUM)
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Pick an Investment
Buy the dip and HODL.
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Binance resumes Bitcoin withdrawals after temporary closure
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Goest and fucketh thyself
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Binance closes BTC withdrawals amid congestion on the Bitcoin network
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U.S. Bank Failures Are Fueling Crypto Adoption | ETF Trends
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Liechtenstein Intends to Enable Bitcoin as a Payment Method for Government Services
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I've curated a list of top crypto blogs and sites worth exploring to educate yourself in the crypto space and gain valuable insights
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Active Ethereum Deposits Hit 1.5-Year High as Traders Convert PEPE Profits
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