Ah, BitClout, the social media platform that promised to turn your friends into exit liquidity. It certainly garnered a lot of attention and hype in its early days. But as we can see, the excitement has fizzled out and transactions and user numbers have dropped by a whopping 90%.
It seems like the idea of investing in people's fame didn't quite pan out as expected. And hey, let's not forget about those innovative rug pull copycats on Coinbase base chain. It just goes to show that while innovation is important in the crypto space, it's equally crucial to approach new platforms with caution.
So, folks, remember: investing wisely means doing thorough research and being skeptical of too-good-to-be-true promises. Don't put all your trust (or money) into fleeting trends!