Quote from: Wiwo on November 20, 2024, 10:52:03 AM

Quote from: Charles-Tim on November 20, 2024, 07:01:40 AM

This coin and many other coins like Bonk, Popcat, and Grass that were created some weeks ago, and others increased so significantly, but their potential to grow may not last long. Wait till the next 4 years and let us see another bull period and see if the coins will be worth it, or if they will be like the old coins of that time while investors will prefer the new coins of that time as they dumped many old coins as usual. I guess they can not be a good investment in the long term.

One thing I noticed with all these coins is that the ability to increase in price at the beginning is not always hard and a lot of them surge so high in their price at the beginning, but along the line, it becomes the same story with all other altcoins raising, dumping and not being able to rise again, and so have this particular coin exhibited that characteristics and we need to pay closer attention to that at some point.

What I have noticed with them is that, if you want to invest in this kind of project, make sure to have a short-term investment plan and at that, as long as the price is high, you can do well to sell, and not attach too many emotions to them, and don't hold this coins when there are already listed on so many exchanges because the more the exchange the more the price become weaker to rise.

Correct. Look at Shiba Inu for example. It made huge gains in the beginning.