📉 My $Jager Token Journey - From $27.5 to Loss 📉

Yesterday, I bought Jager token on Binance Alpha for $27.5. At that time, there was a lot of hype around the project and there were quite a few token holders (107k+), the market cap was $12.77M, and the liquidity seemed strong.

But in just a few hours, the token's price dropped by more than -35% 😓

Price: $0.000000000874

The circulating supply is so high (14,600 Trillion) that it seems difficult for the price to remain stable.

⛔ Lesson learned:

1. Don't invest just based on hype.

2. Always conduct a deep analysis of circulating supply and liquidity.

3. An alpha launch doesn't always mean profit.

I am still holding, let's see what happens. How was your experience with Jager or any other alpha token?