Post
Topic
Board Altcoin Discussion
Re: Investors prefer coin memes, new trends or seasonal henya?
by
Nalbo
on 25/11/2021, 14:16:52 UTC
The chart is beautiful you still want to delay this good momentum? Wink
What chart you're referring here?
This is my first time to hear about this token and I can say that its too early to say that this can be a good investment. Its current price is down compare to its ATH which I think is way below than expected and if you are going to invest with this, better to be more prepared for any outcome. Investors will always prefer profitable investments, and if they see opportunity on any network, they'll buy regardless of its origin as long as there's money to make on that project.

Santa is another deflationary token that rewards old holders at the expense of new buyers. The only difference that would make it more sustainable is it provides BUSD as rewards and not the SANTA coin and the supply of SANTA would keep on decreasing. The old users would keep getting BUSD till their are new investors willing to buy the token. It's an elaborated ponzi but I'd like to join it with a little money just to try it out.