I invested a small amount in GMT coin today. It's up 182% this morning. The crypto, which was opened on Binance at $ 0.01, is currently at $ 0.23. Is there a future for this crypto or is it just a crypto?
Never heard of this coin but if it found its way to some big exchange such as Binance then it deserves some attention as it has some life just for this feature! Btw since you caught the 182% pump I suppose if anyone wants to jump onto this market use your charts and wait for that retest and enter the market
Honestly, I'm like you don't really know GMT coin, but because it's trending on coinmarketcap it caught my attention. Even an hour ago the price
reached new ATH, this is because GMT is listed on the Binance exchange which has a lot of active traders, finally make the increase in GMT very rapidly.
But I don't think we should get our hopes up too high on GMT coin, I don't see GMT coin as a good project in the long term. Even because the price
was already too high, I do not recommend buying GMT now, because it is very likely that the price will fall in the near future. GMT coin is quite good
for short-term trading, although the risk is very high. So for those who are not experienced in the crypto world or don't understand how the crypto
market moves, I do not recommend investing in GMT coin.
It's really not good in the long term, I think OP made profit from it, better sell and take profit. it has grown 200 times over the IEO price, which is an unexpected growth.
This is one of the next trends in the market initiated by Binance, Move to earn is a hot topic of discussion and attracts the attention of the community. I think it's like P2E, the trend will cool down soon and the token will plummet.