Recently, this ERA coin has really been on fire! I studied it for several days and found that this thing actually has some substance. To be honest, there are all sorts of blockchain projects popping up everywhere, but there are not many like ERA that even beginners can easily navigate. A couple of days ago, I personally tried their system, and to my surprise, even someone like me, who is not very tech-savvy, could figure out how to operate it. It’s really quite convenient!
Speaking of this coin's allocation method, I think it's quite reasonable. They are using 30% for ecological development, and the team’s portion has to be locked for four years before it can be gradually released, which is much better than those projects that rush to cash out as soon as they are listed. However, guys, be careful. Right now, the staking rewards look pretty high, but this high yield definitely won't last long; the official has made it clear.
The price is really exciting! I noticed that whenever there’s some movement in large exchanges, the price of this coin behaves like a roller coaster, going up and down. This shows that there are indeed many people paying attention, but it also indicates that the price is still not very stable.
As for risks, I think there are two main points to be cautious about: one is that there are too many similar projects now, especially established brands like Celestia that have already captured a significant market; the other is whether the team can actually deliver on their promises, as there are too many projects that just talk the talk without walking the walk. Personally, this is how I play it: I mostly hold onto my investments without moving them, and a small portion I use for short-term trading, so that regardless of whether it goes up or down, it won't be too painful.
