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.
Oh, so the tokens are named after a famous personality? That is why they are called fan/s token but it's surprising that those tokens do also have their own utility?
I thought, hypes are only the ones that can keep them alive but they are still low cap and someone said that coin/tokens that are low cap are risky to invest in but the only difference is they are backed by binance, meaning the chance for them to turn unto a scam is less or else binance reputation will get damaged and binance are the ones that will pay to the losses of the investors. This is the only assurance that you can get for you to invest on those coins. Go ahead but don't forget to still prioritize the classical coins.