Seeing everyone buying this hot coin, I checked this moco, and there are two facts, one positive and one negative. The negative is that this is a domestic market, and the positive is that the issuer is very poor and can't support the market...
This coin is an old coin, the project party is no longer involved, and according to their tweets, it says that a robot bought a lot at the bottom price, so it's unfair and they stopped playing. Although I haven't experienced this project, I understand the domestic market, it's not that the robot bought too much, but rather the project party has sold out and stopped operating. I didn't expect it to increase by over 50 times yesterday, and I don't know if the project party has taken control again or what.
Then I saw they tweeted again about a coin called bopo. I observed this coin, it has a low pool and few holders, compared to moco it could have some potential. The project party hasn't tweeted in a long time, then it surged yesterday, resurrected, and regarding who is pushing moco and bopo, no one is clear on who is actually pulling the market, or if it's the project party resurrecting.
It's very interesting, then I saw the project come back to life. Originally moco was going to zero, then they issued a new coin, changed the avatar and name, and have been promoting bopo ever since, only to see now that moco has come back to life and deleted everything related to bopo, which is quite funny. Although I don't understand much, this is the nature of the domestic market and it's not unexpected for me. Now everything related to bopo has been deleted, but history and blockchain will not forget this.
So based on the principle of sudden wealth, it’s still worth buying some even though it's a domestic market. I bought 100u of bopo, and the reason I didn't choose moco is because there are too many people, and the profit-taking potential is greater. Bopo has a low pool, making it easier to push the market, it's that simple.
If you want to follow, think it through. Personally, I think buying 100u is just a transaction fee issue, of course, this is how it is for me, so I left it there to see if it can achieve a 50x like moco. Earning a late-night snack fee would be quite satisfying.
Still, as the saying goes, profit and loss are self-borne, it's a domestic market, don't worry too much, don't go all in, don't buy too much, the chance of going to zero is greater than losing money, small purchases are like a lottery, and large purchases are destined to be halved.
