Did anyone note that the fan tokens always recover fast against bitcoin?
Fan tokens like (Santos, Lazio, Porto, Alpine, ASR, ATM, ACM, JUV, BAR, OG)
I'm thinking to invest some money in Binance' fan tokens (Santos, Lazio, Porto, Alpine) because I see them are moving in a side way on the weekly time frame, and recently they have a high buying volume on the weekly chart.
Also they have a low market cap and low circulation supply, and also tokens utilities, besides that they are been backed by binance.
So what are your opinions guys about investing some money in them?
If you are a fan and you want to buy some of those tokens to show your appreciation then I do not see anything wrong with it, however if you want to speculate with them I would say I consider such a thing to be a bad idea, those tokens do not really have any real use and as such you are risking your money over nothing, and even if the movements of those coins could be enough to produce profits due to pump and dumps groups targeting them, it is unlikely you will invest in the right coin at the right time, so you will be wasting your time by putting your money in those tokens.