Post
Topic
Board Altcoin Discussion
Re: Binance launches Notcoin (NOT) on launchpool.
by
justdimin
on 16/05/2024, 10:25:22 UTC
Airdrops with massive participation often lead to sell-offs early on. It's tough for a coin to gain real value when everyone's just trying to make a quick buck. NOT and TON may be opposites in name, but they're vastly different projects. TON has a head start and serious tech behind it. Comparatively, TON has established a stronger track record with substantial development progress, but even its future price trajectory remains uncertain. While it's tempting to speculate on potential price targets, it's essential to maintain a realistic outlook and avoid getting trapped in hype cycle. The airdrops are not as same as in the old days, the possible selloff don't let the price go above starting price in the most cases.
Yeah true, a lot of people who invest into early levels of a project, usually wants to just make a profit and leave right away. However, that is a proof that a new token isn't a good one, if it was really good then it would have made people want to keep hold of it for a longer time, but if it didn't then it means that we are not going to end up with anything good for it on the long run anyway.

So, it is a smart idea to get out early if you feel like in a year it is not going to be that high, if you think that the early days are the highest price and then it will fail, then getting out is smart. To be fair not investing into something like that to begin with is even smarter, but people do enjoy investing into new stuff.