I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?
Website and Whitepaper link are below:
Web:
https://dingdang.io/Whitepaper:
https://dingdang.io/whitepaper.pdfIn my opinion, to make a decision to invest in meme coins, good research is needed so that it has a good impact in making decisions. because memecoin has a very high risk. so it requires a long research. and for the project you convey, namely "dindang", in my opinion it is very worthy for you to invest because you have done your own research. so you can realize whether the project is worth investing in or not.
The only way someone can make a profit from a meme coin is by luck. Do you know what drives the price of a meme coin? There isn't any natural factor that helps a meme project grow. Some memes project price skyrocketing because some whales are manipulating the market by injecting millions of dollars into them. When a few lucky dudes get a handsome profit most people get stuck in those projects for a very long time. This is a whale game that plays with retailers.