The days when the talk in town was about Bitcoin and blockchain are over. The entry of altcoins has reshaped the crypto landscape with the once respected crypto influencers being shown the door. The crypto adorer turned adopter is more empowered and understands hoe cryptocurrencies work.
Five years ago, the entire crypto concept was for the tech savvy who saw the opportunities that digital assets had but wanted to keep the spoils for themselves. It was so easy to hype up a select digital asset, get the profits and dump the coin and move on to the next shiny project.
To create hype around a coin only needed a voice in the market that enthusiasts respected and the select coin price mons in minutes. Twitter has been the platform that created the crypto influencer syndrome but things have changed and the influencer role in the market has become obsolete.
The TRON CEO, Justin Sun hay days appear to be over for example. Could be he has run out of ideas to hype up the coin. A day never passed without running to twitter to hype up the coin. This tact appears to have been overtaken by projects that deliver on their promises rather than announcements that are “attention seeking”.
Crypto Aware Generation
The modern crypto sphere goers know what they are looking for; projects that have a positive impact on their lives and not just the coin value which they can derive from fiat. People are looking for ecosystems that have real life use solutions and not just hype. Remember the TRON-PornHub marriage?
Coins that found themselves without real world solution have closed shop while other have transformed to meet the user demand; coins like Dogecoin (DOGE) are where they are now not because of hyped up market but have transitioned to offer the user tangible solutions in Dogethereum for example.
Most self-proclaimed crypto influencers have gone down as the new breed of crypto investor looks for real world solutions first and coin value next. In the coming years, crypto adoption will not be social media induced and this is a warning to the influencer; the consumer know what blockchain is capable of and they are going for it!