Quote from: Dunamisx on Today at 02:44:35 PM

Quote from: Cryptovaganza on Today at 12:29:46 PM

I have been meaning to add a Web3 project to my portfolio. So I decide to DYOR which led me to the session for newly listed tokens on CoinMarketCap. That’s where I stumbled upon ZTX, a Web3 metaverse platform backed by Jump Crypto and ZEPETO, which apparently is the largest metaverse platform in Asia.

I hope you realized that in making an investment on memetokens, there's higher risk in doing so, i also expected to just as you've said already to have conducted in a thorough research on the intending token you wanted to invest in, i also want to believe that you're making such decision on that coin not because it was listed on an exchange, that is not good enough for making you make a decision on investing on tokens.

I just wanted to point out that ZTX isn't a memetoken. According to my research, ZTX is a Web3 virtual world set to empower creators and communities.
While it isn't too ideal to only make an investment decision based on the exchanges they're listed on, I think it somehow proves Credibility and Trustworthiness. Listing a token on reputable exchanges adds credibility to the project. Well-established exchanges often have rigorous listing criteria and perform due diligence on the tokens they list. By investing in a token listed on reputable exchanges, you can have greater confidence in the project's legitimacy and possibly, the quality of the token.