the 600-700+ shitcoins will pump ,dump die ,rinse and repeat .......
Perfect scenario to generate profit.
for the handful of creators ,yes
theyre making money from thin air
for everyone who "invests" in the pump but misses the dump doesnt get any profits ,they incur losses
or theyre left with a pile of coins that have no value ........
its probably the same bunch of scammers making ,pumping and dumping most of the alt coins
You have to buy when the coin is literally dead. Then hope it ever gets pumped again, and you dont know if you will be able to sell all that you buy.
It's a gamble.