Post
Topic
Board Altcoin Discussion
Re: I caught a nice altcoin project
by
john_egbert
on 08/11/2024, 12:04:48 UTC
I found a nice altcoin project. A meme token that has emerged for the first time in the Taekwondo field. Do you think this altcoin should be invested in?

No, after I saw the website, there is nothing special about this project, not to attack, but in the top meme tokens we still see something special there so that many people invest there. This token is a meme token related to the Taekwondo field, but what exactly is the connection? none. In some meme tokens, I see there are specific visions like saving stray dogs or other random things, but $TKD has no vision.
He might likely be part of the team or those shilling the project. Lile you said, there is nothing special about that project, just the normal big talks. There are hundreds of projects with similar ideology that died miserably including some that were created for the UFC.  I member one of them that even raised a decent amount of capital during their token sales yet still did not see the light of the day. So I don't think there is anything unique about the project he is referring to neither did I see any motivation for putting my dollars onto something that will be hyped for few weeks and then it's gone.

Alts like that are for that only - pump and dump, in some cases, just to rekt people.
Further analysis is needed for everybody who would like to go into it, and as it was said - something like 30% is held by a small number of people.
Not a good start  Roll Eyes