I knee there was something about this token. I had it in my Trust wallet portfolio courtesy of a good bounty campaign that I participated wholly. I dumped it as soon as I can. Even the name looked scammish. Lol. And I heard the CEO is doxxed. So that is no more a safety layer?
You have made the right financial decision. I just looked at the CoinGecko chart and saw a huge jump in price on November 3, 2021. Perhaps some whale bought a lot of 100X tokens on the BKEX centralized exchange and
immediately dumped them all after that. Currently, there is
no "boom", the price is steadily declining. The trading volume is less than 500 USD.
I was reading the official Telegram channel in May-June 2021. I remember that in this group, users often posted funny messages and animations related to cryptocurrencies. I guess some of them were paid to do this kind of regular activity. I even saw the banner called "
The Master Shiller of the Month". In addition, I watched a few videos of the young CEO. Once I even noticed a 100xCoin ad on the BSCscan website.
Well, 100xCoin is a typical
meme token. To be honest, I prefer coins backed by some business than "deflationary" coins driven by the community. I think that after the re-branding, the team should work harder to attract new investors.