📉 Experience of participating in the BINANCE ALPHA contest on the SONIC blockchain — something to think about
Participated in a trading contest in $SONIC for tokens $ANON $SHADOW. So far, the reward has not been paid out, and the tokens are losing value every day.
📅 As of the end of May 31, the estimated reward is approximately $174,
💸 Meanwhile, around $155 has been spent on swap fees.
If the price decline continues at the same pace, by the official payout date — June 6 — one could easily end up at a loss.
🔍 In this context, a quite logical question arises:
Is it worth continuing to participate in such contests, where the risk of incurring a loss is almost equal to the efforts spent on participation?