Quote from: Mate2237 on Today at 09:23:53 PM

Quote from: batang_bitcoin on Today at 08:55:41 PM

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Quote from: batang_bitcoin on June 10, 2024, 10:51:06 PM

I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

I think a project such as this is just trying to create hype and noise around it. We don't really know if it will perform any better than it is now but the promises of a better performance through a change or addition of tech might be attractive to some investors. I'd say it's pretty effective seeing that people are now questioning whether it's worth to invest in.

Yeah, it is effective for some investors and whenever they see news like this, their awareness makes them want to hold more of it. But then, if you're an investor that seeks to find good projects, you'll have reasons why you are buying a coin as an investment. Other than these news, if you consider fantom as a good coin to hold, you're free to do it and no one is ever going to stop you from buying it as long as you're spending your money to it.

Not all news are good to follow up to buy coin there are some memecoins that have good news channels and social media platforms yet the project is not good to invest and we can see that from pi Network which have been in the ecosystem for years yet it has not been listed in any exchange platforms.

The matter how good the project was good in the beginning, late investors are to face the downturn of the project and risk their investment. And anyone who failed to understand the reason of investing in cryptocurrency project is not a good investor but money doubler in disguise.

This one isn't a meme I guess but every news can be a factor and reason for some but you're not right that not all of them are worth. And with that project you have mentioned, I'm not following that and I know that it's just likely a scam project that have taken all of the identities of those that have mined it on their phones. And sadly, they're not going to get what it's worth for because most likely that the developers of it have already sold theirs somewhere else.