Hey guys,
I was not spread FUD but just surfing the SEA (Sceptical Educated Analysis; it is copyrighted by me);
As I mentionned, UTrust fooled Token holders; they released more token without altering the community or voting the thinf, that is a fact.
Thare was 170.000.000 tokens when I bought UTrust. When it went beyond 1.1, they just put additional tokens and guess what? We haven't benefited from it.
So that is a first argument right? Mistrust with Token management. Ripple can be subjected to this and many other Crypto Projects abuse of this. Not good to me.
Second point: they are active in the segment with THE MOST COMPETITION;
literally hundreds of coins brings such idea on the market. However, although they marketing team is excellent, they haven't more arguments than others.
And there is more to tell but yeah I won't spread the FUD.
Among the weak points, Token Management demotivated me; I sold, and I was lucky cause solding at a price > 1.1 was actually a winning bet.
Always trust your guts, and surf the SEA to warn crypto-buddies
There was no tokens added, these were all there during the sale already. Coinmarketcap was showing 170 mil at first, so based on what CMC shows you, you make your decisions?
Yes, CMC is a very important factor , among top 4 with : team, value drivers, competition, the 4th being the valuation; it is quite elementary;
And they haven't communicated on this """"CMC mistake"""" so, it is still mismanagement to me as I sent them multiple email / messages to investigaet and ask answers
0.44 today, my decision was right , they even underperformed versus the market ; I still have doubt on Utrust , too many competition & very strong team in other payment projects.