> Imagine how many people fell into this craze and went ahead to "invest" money that they couldn't afford to lose. Maybe 1k, 5k, 10k - for some this is enormous

> Imagine how many people fell into this craze and went ahead to "invest" money that they couldn't afford to lose. Maybe 1k, 5k, 10k - for some this is enormous amount of money. That’s an accurate description for almost the entire crypto/nft/defi industry. Look at price and volume action for almost every coin or product launch. Check when they opened their Twitter account. Check when their 60k+ followers opened their accounts, and ask how an obscure coin/nft appeared out of nowhere and managed to get tens of thousands of followers in weeks. There are legitimate defi companies. The industry, at the moment, is a snake pit.