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Shitcoin Analysis: Proceed with Caution

  • 2024-03-28 03:00:10
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Shitcoin Alert: Under analysis

Every bull cycle or market is accompanied by "projects" that promise high returns, taking advantage of the fury of growth in market capitalization of other protocols that are truly valuable for the ecosystem.

Identifying them is relatively simple, if they are accompanied by a powerful marketing campaign, social networks, "influencers", or even if in the graph of the asset in question, there are "unusual" fluctuations that are generally not accompanied by the real feeling of market.

For this reason, it is vitally important to know the fundamentals of the asset, if it has a serious development team behind it, if the economy of the token is healthy, or if its architecture is deflationary, depending on its purpose.

If these "digital representations" are your goals and they do not have any of the previous points mentioned, run away from there

And yes, it is investment advice

Shitcoin Analysis: Proceed with Caution

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