I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Such tactics are being used my many projects in order to gain the attention. When people are given the rewards to hold token, people buy more of those tokens as everyone like free money.
Staking is also another way to accumulate more token only by holding them.