The WiFi coin project has sparked quite a controversy after its trading launch. Despite the ongoing criticism of the project, it is worth noting that investors who participated in the initial token issuance (ICO) have still achieved returns ranging from 3 to 10 times.
Before trading began, analysis indicated that the fate of such projects often depends on luck. If luck is on their side, there may be a price surge in the short term; if luck is not favorable, they may repeat the past and become another failure in the market. Before officially launching trading, investors still had some expectations, but as trading commenced, the downward price trend gradually became apparent.
Based on the historical high of 77 dollars, the reasonable valuation of WiFi coin may be around 0.7 times. It is worth noting that there have been expectations of 1 to 10 dollars per coin previously mentioned, which is likely rhetoric spread by some investors heavily invested in ICOs seeking an exit opportunity, aiming to attract more people to enter and take over.
It should be noted that this kind of operational method is not new. In the past, multiple project teams have adopted similar strategies, ultimately resulting in losses for investors. There is even a sarcastic joke circulating in the industry: the good news is that the project has attracted large investors, while the bad news is that this large investor may bring negative impacts.
Overall, the market generally adopts a cautious attitude towards the future development of the WiFi coin project. Investors should remain rational when participating in such projects and comprehensively assess risks and returns. At the same time, attention should also be paid to the long-term development potential of the project, rather than just short-term price fluctuations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
7
Repost
Share
Comment
0/400
ForkTongue
· 6h ago
Pump and then Rug Pull
View OriginalReply0
MindsetExpander
· 09-04 15:49
Leeks are used as a tool to make money.
View OriginalReply0
SchrodingersFOMO
· 09-04 15:49
Another field of suckers.
View OriginalReply0
LayerHopper
· 09-04 15:43
When the bubble bursts, you have to foot the bill.
The WiFi coin project has sparked quite a controversy after its trading launch. Despite the ongoing criticism of the project, it is worth noting that investors who participated in the initial token issuance (ICO) have still achieved returns ranging from 3 to 10 times.
Before trading began, analysis indicated that the fate of such projects often depends on luck. If luck is on their side, there may be a price surge in the short term; if luck is not favorable, they may repeat the past and become another failure in the market. Before officially launching trading, investors still had some expectations, but as trading commenced, the downward price trend gradually became apparent.
Based on the historical high of 77 dollars, the reasonable valuation of WiFi coin may be around 0.7 times. It is worth noting that there have been expectations of 1 to 10 dollars per coin previously mentioned, which is likely rhetoric spread by some investors heavily invested in ICOs seeking an exit opportunity, aiming to attract more people to enter and take over.
It should be noted that this kind of operational method is not new. In the past, multiple project teams have adopted similar strategies, ultimately resulting in losses for investors. There is even a sarcastic joke circulating in the industry: the good news is that the project has attracted large investors, while the bad news is that this large investor may bring negative impacts.
Overall, the market generally adopts a cautious attitude towards the future development of the WiFi coin project. Investors should remain rational when participating in such projects and comprehensively assess risks and returns. At the same time, attention should also be paid to the long-term development potential of the project, rather than just short-term price fluctuations.