Heu there,
I gave a spin to the token and I'm not sure I see the point of it...
First off I'd like to say that buying this coin through pancakeswap os a pain. I don't know if the reason is pancakeswap itself or the spookinu coin... Anyboo I decided to try and I just don't get it.
When I buy a coin or a token I hope it increase in price and could bring me some profits.
Now in the very case of spookinu we see 300%, 500%, 1000% increase and so on. That's great, and sounds too good to be true...
So the first thing I noticed a couple hours after buying the token, is that my amount of token has dramatically decreased. That's what's shocking at first glance.
Then after a moez thorough check, what I see is that the value I had bought is still there...
So the total amount of the tokens in my portfolio is decreasing as the value of the coin itself is increasing.
So
- First I'm glad I tried it and not gone all in with a high value
- Second what is the aim? One could consider this a stable coin but, it's not a coin AND it has no fiat currency backed to it.
Finally when I buy a coin or a token I expect it to increase in value so that I could make a profit... An increase in one side for a decrease the other side is just killing this purpose... Oh yeah the token increased 40k+% since launch but holders just don't benefit of it in reality...
So what is the goal of this token? Some reviews assimilate it as a scam, after trying it I wouldn't qualify it that way, as my money os still here. But it's clearly not understandable at least.