[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  IncomeSharks [@IncomeSharks](/creator/twitter/IncomeSharks) on x 664.5K followers Created: 2025-04-15 19:48:56 UTC Until Crypto goes back to innovating and providing REAL value I feel like I'm wasting my time trying to convince others to see how greedy and delusional this space has become. Money is being extracted at an accelerated rate from loyal crypto believers to outsiders who could care less. It started with the VCs, then the exchanges, ETFs, then the celebs, then influencers, and now it's down to people taking from each other. PumpFun found a way to drain hundreds of millions from the space while diluting what was an already oversaturated market. Large centralized exchanges became the gate keepers listing whatever tokens made them the most money. A pay to play model that punished good projects and rewarded slimy ones. Rugs have become acceptable. CTOs an excuse for a dev to rug twice. Utility no longer having utility. Delusion is now required to feel normalcy and if you dare speak out against any of this you become the villian. The solution? Wait patiently for things to break so that the space is ready to go back to the way it was. Decentralization, quality over quantity, projects owned by those using them, NFTs being used for utility and not just art, memes back to being fun and not diluted, and healthy competition on who can innovate faster. Building products that get adoption levels higher and see integration into the lives of everyday people. We need Crypto XXX XXXXXXX engagements  **Related Topics** [influencers](/topic/influencers) [exchanges](/topic/exchanges) [vcs](/topic/vcs) [money](/topic/money) [Post Link](https://x.com/IncomeSharks/status/1912231687163113859)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
IncomeSharks @IncomeSharks on x 664.5K followers
Created: 2025-04-15 19:48:56 UTC
Until Crypto goes back to innovating and providing REAL value I feel like I'm wasting my time trying to convince others to see how greedy and delusional this space has become.
Money is being extracted at an accelerated rate from loyal crypto believers to outsiders who could care less.
It started with the VCs, then the exchanges, ETFs, then the celebs, then influencers, and now it's down to people taking from each other.
PumpFun found a way to drain hundreds of millions from the space while diluting what was an already oversaturated market.
Large centralized exchanges became the gate keepers listing whatever tokens made them the most money. A pay to play model that punished good projects and rewarded slimy ones.
Rugs have become acceptable. CTOs an excuse for a dev to rug twice. Utility no longer having utility.
Delusion is now required to feel normalcy and if you dare speak out against any of this you become the villian.
The solution? Wait patiently for things to break so that the space is ready to go back to the way it was.
Decentralization, quality over quantity, projects owned by those using them, NFTs being used for utility and not just art, memes back to being fun and not diluted, and healthy competition on who can innovate faster. Building products that get adoption levels higher and see integration into the lives of everyday people.
We need Crypto XXX
XXXXXXX engagements
Related Topics influencers exchanges vcs money