TestNet Tokens Now Tradable: A New Norm Or FOMO. (Goerli Eth(GETH) As Case Study).

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Earlier this week, a friend told me about how an NFT worth thousands of dollars was bought using a testnet token called GETH ( Goerli Ethereum). I did some digging myself because it sounded absurd and is one of those things that really isn't supossed to be happening for some obvious reasons and to my surprise, GEth, a testnet token was indeed used for the purchase of the NFT and it also had a market value($0.3 per GETH as at the last time I checked).


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This year seems to have so much action in stall for the crypto industry, many of which no one really knows for sure what kind of impact they'd have in the long run. The first which amazed me was the huge success of Ordinals NFTs on Bitcoin and also several other NFT projects being deployed on the Bitcoin network, and now, Testnet tokens are now tradable and spent like the real cryptocurrencies. I recall about five years ago when I received about 5 Bitcoins in a TestNet wallet and was hoping that somehow it was tradeable, now this seems like it's gonna be the reality soon and I should probably go find my phone with that wallet.

Well, while many people see this as a great development, that Testnet tokens can now be valuable, some believe it is on of those flaws in the crypto space because this isn't supposed to happen, or perhaps Testnet tokens aren't created to be traded at any point, just for testing projects by developers before launching and making them go live.

A thing with crypto however is once somethings of this sort starts, it would most likely become something big and a norm. This explains the current FOMO on Geth testnet tokens and the massive pump in price in the last few weeks. The question on my mind right is if testnets having value will be the new trend and become widely accepted, and what kind of impact could this have in the long run on the crypto industy. Please feel free to share your thoughts.



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