I've been following up on tokens that makes it on the top gainer list for two weeks now and I spotted a particular token; $PASTERNAK making it on this list twice in a row.
As an investor will this be a signal for you to invest in such a project? It's true, I'm currently FOMO-ing on this particular token but I need to know what you guys think.
That's not a signal and should not be an indication that you are investing in the right project. You are talking about memes , and memes are like that; they can even be listed on the top gainers for a whole month because they thrive on shilling and manipulation and they can go down anytime.
We never know if you invest today, other investors will dump the next day because it's the kind of project where latecomers end up as losers.
I experienced that myself, basing my decision on top gainers, which are wrong parameters.