Investing in tokens on the base network - page 2.

GreatArkansas

legendary

Activity: 2534

Merit: 1397

Quote from: Adigvcdh on September 05, 2023, 04:08:37 PM

a new base network has recently appeared, and immediately after the appearance, the first tokens on base grew hundreds of times in a day. So after a few weeks, is it worth investing now in new tokens on this network or not?

Yep, and there are a lot of rugged tokens there especially when it was started, a lot of people lost their money because hoping that every new altcoin will just pump and pump even how shitcoin it is.
And after that, it was only hype and only in the beginning, so lucky for people who was able to get out immediately and made good profit or just breakeven.

JeffBrad12

hero member

Activity: 2996

Merit: 536

Leading Crypto Sports Betting & Casino Platform

it will probably be the same as the brc20, the token minted at early stage are being valued so high and grow in value so easily and fast, meanwhile after that, not much I hear from brc20 ecosystem birthing a new token that could do the same feat.
i imagine it will more or less the same with base token, it was massive at first and then slowly being forgotten. though you could simply always try it out, after all it seems that with base, the token released are still not that much and its still on its early phase so I guess thats one reason to follow the growth of this blockchain.
though almost certainly you know what the ending will be.

Nwada001

hero member

Activity: 798

Merit: 702

When making investment decisions on a particular token, one should look beyond just the price impact since it was launched but rather at the use case of such a coin, as what the coin can be used for is among the things that can sustain its price longevity, as token prices can now be manipulated by project teams just to draw the attention of investors no matter the place or network that token is being developed.

Another thing is that just because a coin that was recently launched has done 10 times does not mean it will do another 10 times in the coming weeks, as the week to come might be its time for correction, so always be mindful of what you buy.

Adigvcdh

jr. member

Activity: 109

Merit: 0

a new base network has recently appeared, and immediately after the appearance, the first tokens on base grew hundreds of times in a day. So after a few weeks, is it worth investing now in new tokens on this network or not?

Topic: Investing in tokens on the base network - page 2. (Read 206 times)