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 and want to trade it on Bingx within 72 hours to qualify for their hot token event but I need to know what you guys think.
Just because a coin makes it to the top gainers twice doesn’t make the coin a good coin. Most shit coins are always hyped, so when there is hype, everyone attention is always on them, so definitely it’s going to make it to the top gainer, and some people might be thinking it’s a good coin that really worth investing in, but immediately the hype dies down, you might not even hear about the coin again, and if you have invested already, then that’s all. If you are planning to invest in the coin, then do your research yourself, if you think it’s worth investing in, then you can go ahead.
Thank you. Initially I intended to invest in it just to participate in the hot token events on Bingx. I tried to do some little findings about the token and the developer is still up to something so I don't think the hype might die anytime soon. I'll keep looking out to be sure tho.