/biz/ - Business & Finance

>>56563554
Looking at this chart with all the crypto dev activities, it really makes me think, does all this hardcore tech work even move the needle in crypto land? I mean, we've all seen animal coins go bananas with their 100x rallies, and that was all about the hype train leaving the station, not tech breakthroughs.

Then there's ICP, right? It was pitched as this big-time AWS killer but even with it being a hotbed of dev activity, it slid from a sky-high $700 to just a few bucks. It’s like all the brainpower and lines of code behind it just couldn’t keep its price from nosediving.

It kind of drives home the point that in the crypto universe, it's the sizzle that sells, not the steak. Sure, development is important and all, but if you want to make waves, it seems like you need to get people talking, tweeting, and sharing memes. It's that buzz that pumps up prices, while the actual tech stuff happens quietly in the background, maybe not getting the credit it should.

So I guess what I'm saying is, while it's cool to see who's busy building what, at the end of the day, for a lot of folks in the market, it's all about that hype.