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In a recent interview with FT, Buterin echoed a similar stance he provided in December and noted that too many overvalued blockchain projects exist in the cryptocurrency market without a clear vision, mission, product, and strong development team.
According to an article on Livecoinwatch.com
Ceo founder stated “There’s projects that never had a soul, that are just like, ra-ra, price go up. Lambo[rghini], vrromm, buybuybuy now!” said Buterin. He added that projects like Tron, which was valued at $17 billion in December, have no clear development roadmap and products but are attracting investors in the space. He said, the valuation of the market is “far ahead of what this space has actually accomplished for the world.”
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