Since a few months ago, I observed from various sites out there, I found that many new tokens have been created. On average, these tokens support the Metaverse ecosystem, NFT marketplace, and P2P gaming or play-to-earn games. The developers are promoting the token with hype so that it will attract new crypto investors. Before investing or buying new tokens we not only need to open the whitepaper, profit and team performance, the blockchain used, but we also need to analyze the volume, Max supply and Market Cap.
Currently crypto tokens are very easy to make by anyone without the need for blockchain skills or programmer expertise, so we must always be vigilant and careful before buying crypto tokens as an investment, we also have to think about capital loss because prices will drop drastically, as well as the possibility of rugpull.
Currently crypto tokens are very easy to make by anyone without the need for blockchain skills or programmer expertise, so we must always be vigilant and careful before buying crypto tokens as an investment, we also have to think about capital loss because prices will drop drastically, as well as the possibility of rugpull.