First comes the top mover in the market. I would precisely talk on its reliability so you could make decisions.
Donut- Analysis- This coin has increased about 1000 percent in a day. Well this shouldn't make you happy. I will say you why. This coin was traded on uniswap with a spread of 0.6 percent, +2% depth of 5264 dollars and -2% depth of 5248 dollars. Volume is 94 percent on uniswap with a complete market cap of 5 million dollars and trading volume of 11.4 million dollars. Trading volume is more than the market cap because of the increase in value. You get it. Yeah let's go. It has 120,619,207 coins in supply out of 120,619,207 which means it has no coins to supply. The max limit.
Trust- Now talking about trust, I won't believe in this coin cuz it stands 699th rank in all crypto currencies. But that isn't the only reason. It has no official website and the coin is created on ethereum network so it is an erc20 token. My trust is low. What about you? Now it is your decision to go ahead.
See the image-
Now, let us get to the loser.
M3C( Make More Money)- Now the token name makes you doubtful. I will surely say what you should do. This coin has dripped by 70 percent and has a trading value 262,317 dollars. It has no market cap cuz it has no supplied coins mentioned. How can you calculate market cap without that. Maximum supply is 50000 coins but with no supplied coins there is no reason to have maximum supply.
It is an erc20 token. It has its website but it only says about the purpose of the coin. M3coin.io is the website. You can go through if you wish to waste time cuz what you will get to know you won't. It is traded on vindax exchange which in my opinion is a scam. No I will detail about that in my other blog. Stick to me for that.
Trust- I give it 1 Outta 10 cuz it has no utility related with title and use of the coin and the exchange has a red horn. What I mean is that it seems like scam. I will enquire and let y'all know. It is not in any rank in the crypt market cuz the trade volume is really low. When you trade you might lose your btc or eth because these are the only pairs traded with m3c.
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Source: Coingecko.
The complete analysis is based on the information provided by the current market. The market may differ drastically. I would suggest you not to buy any of these coins, but it is left upto you. You decide what to do?
But what can you do for me. Laugh guys ??. You know it. Like, share, comment and yeah tip.
Comment if you would buy or suggest one which makes you think good about any such coin.
Even if possible donate me in the addresses below
Bitcoin- 37gHKrLonz3T6iwy194YHhPZ3VW56rLPHo
Bitcoincash- qp20tgw444hz0l8flf6wmcnjxs248yhz7g7nh09dnc
Ethereum- 0x95ada769db517e4177c158bdebecfbb68210281d
Litecoin- ltc1q88wpwj2mzm99gv96w9tktxjuqt7jg8cqwmq638
Thank you all for reading.
Market analysis and written by,
Jester
