Why don't you pick the trusted tokens rather than keep focusing to invest into the garbage tokens issued by garbage exchange site? you have kucoin gateio ascendex and many more. You didn't even need to take a look at those exchange sites. They have bad reputation right now. DODO was a small dex but this has no big user basis. Coinex full with fake volume.
Bkex is bad exchange site at this moment as well. I think that removing all of them will become the best choice and replace them with the legit one like kucoin token.
I know you are looking for low cap hidden gem but they are not low cap hidden gem tokens.
It is true that I will only invest in trusted tokens rather than taking the risk of looking for new exchange tokens that are not necessarily profitable.
Because the risk is very high if we invest in new exchange tokens where the exchanges themselves have a bad reputation. Like having fake volume
and risking a scam, why not invest smartly by choosing old exchange tokens. Like KuCoin tokens or BNB which are clearly registered on trusted
exchanges. So my advice is don't spend our time and money looking for new exchange tokens that don't necessarily have a bright future.
Most new tokens get listed on Coinmarketcap, not to talk of Pancakeswap. A scam project can also have high trading volume and yet looks legit but it's still scam. I remember I bought a token named Squid game, the token came into existence due to a trending episode movie last year sponsor by Netflix, price of the token was currently at 30 dollars when I purchase the coin. Can you imagine that the token pump to 90 dollars and later dump to 0.0256, when it got to 90dollars, I couldn't sell due to their website error, saying this token cannot be swapped or exchange, even when I increase my Slippage to 1, it was still showing the same thing, that was how I became a victim of all these scam project. Also lost my 200$ worth of usdt in the period of 1year. That type of token is a memecoin and shitcoins. If you are into Long term projects, I urge you to go for coins that are already listed on top exchanges like Binance or Kucoin.
I've also heard about the SQUID token, the project did harm quite a lot of people, including some of my friends who also became victims of
the SQUID token. I am sorry to know that you are one of the victims of the SQUID token, I hope your bad experience will be a valuable lesson
for you. Because it is risky to invest in a new project whose use is unclear. Moreover, the SQUID token was created simply because it was inspired
by the Netflix series, Squid Game. Actually, I've also experienced losses several times because of trying to invest in several new projects,
that's why I'm not really interested in investing in new projects right now. I prefer to invest in top coins that are on coinmarketcap, because apart
from being listed on popular exchanges, top coins does have a good track record. So it's safer if we want to invest in top coins, even if the price is
a dump, it doesn't take long to recover.
