Recently we have seen, Binance are listing a lot of coins with good usecase but few of them were rejected by the crypto users and got a lot of hate because they considered them as TRAP. Like TNSR, OMNI, TAO falls very badly and investors are either stuck or lost their investment.
What are your thoughts on REZ? like it will also be considered as a trap or investors will gain some profit?
Actually, the "Binance" you linked with the REZ was the reason I opened your post via the email link and I was disappointed that it is not a Binance coin but just a normal coin listed by the exchange. Well, I did my research and I do not think it is better in this project than most of the other coins and tokens that have been listed in the past. This is a Defi project, though it has a very promising future, but for now, I advise extreme caution in buying it. This is most importantly due to the way and manner the newly listed coins and tokens on Binance performed of late and this is for obvious reasons in case you do not know.
Even OMNI, if listed at the right time may not have performed woefully as it's doing now. At the moment, the overall crypto market is bearish and so will be almost all newly listed coins regardless of the importance of the project, the exchange that listed it and how it may later perform in the future.