How is this a suprise to you?
The question is how it is possible that this token dumped so little upon launch? Most tokens dump much more upon entering the exchange.
The name itslef indictaes that this project is not serious.
Depends on the situation there are some tokens who are pumped during their launching on the exchange. But of course the case is not always the same since we cant be sure of the possible outcome of the price in the market. Some projects tend to sky rocket during the launch. Like sushi during the first day hike it almost 10x in the price. Then dump immediately.
yeah, but with SUSHI is not usual situation, it is a highly risky DeFi project, that could be pumped again, but also fall to zero in no-time
one should be very careful with this and similar DeFi projects, that are issued without proper audit and due diligence, with adjusted open-code from other projects
What can anyone expect from it, the name itself suggests that the person responsible for this token would have been just spamming the network and accidentally his project picked up publicity and he along with other investors made a good fortune, the name itself sounds like it was just given a 5 minute thought and a few google searches and as you said copy paste code from these opensource projects.
I have already parted my ways from these kind of projects that aren't gonna provide any value, they are just for short term and pumps and dumps.