Alternative coins/assets are safe haven for young americans in the recent financial condition of the country. They look towards these assets to see a bit of gains as regards their investment decisions. Living the american dream has become a difficult one looking at the financial condition of the country, from the perspective of the Kling whom it’s an executive in a crypto asset management firm says that;
The idea that the cost of living is strangling most Americans; that upward mobility opportunity is out of reach for increasingly more people; that median home prices divided by median income are at a completely untenable level.
All of that is true, so you need to really swing for the fences.
Why not put $500 into a memecoin that could 50x, knowing that you could likely lose most or all of it? It’s not like the $500 is enough to make any difference anyway…
That mindset, which is becoming pervasive in America, is financial nihilism. This is the zeitgeist for young Americans, you’re naïve to think otherwise. And it’s a huge driver of sh*tcoining.”
Points out that they are several factors/ sectors where they can be found which are participating in Crypto airdrops and accumulating the two biggest asset which is bitcoin or Ethereum that are being traded.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura