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, it is very worthy for you to invest in the memecoin you mentioned. because the team successfully launched Kikswap in 2022 and in the presale they made 10x profit at launch, and they also managed to raise 506 BNB in the initial seed sale. so I think this is a very good achievement. because so many memecoins don't make it in presales and seed sale.
Before investing in the crypto market, we need to understand what it takes and the level of risks we shall be taking because this is what is going to determine how much we could make from the market. If we are only after making money without doing any research then there could be risk of us losing fund because their are good and bad token and we must understand the ones we ought to hold so that one don't lose plenty of money in the market.