Comment by @punkess • Hey
not sure about injective but tia has barely any tokens unlocked yet. And I guess interoperability / modular thesis got some narrative. (It’s not the worst
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I'm in no way saying TIA is comparable to Luna. It holds promises and potentials to improve existing crypto infra, but is still in its infancy, not a complete product yet, does nothqvethe adoption, and no way worth the multi billion dollar valuation. The recent price pump of TIA is solely off the back of it's staking potential to secure other Airdrops and the unsustainable APIs and has nothing to do with the nature, purpose or true worth of the project. This makes it difficult for us to tell a true gem project from a shit coin. No ways to tell them apart. 16 years on since the birth of bitcoin, the Majority of the web3 ppl still judge a project by its $$ and as soon as a project like ETH can't keep pace in price growth, it gets branded as obsolete. A genuine and secured lending protocol like @lens/aaveaave gets overtaken in value terms by copycat dexes every other week. The crypto town square is full of scammers and grifters and the true believers are either getting shut down or quietly leaving. This is very much concerning in my humble opinion.