Hello everyone, I'm still here and in this token
THIS IS NOT FINANCIAL ADVICE!
This is a fraud? I think this is clearly a future bubble and I risk falling into it early on.
And so we know that the founders are Chinese. Whether it's good or bad is up to you
I can't say for sure, but I think the team is buying back tokens from the community. Why do I think so?
The tokenomics of the project assumed that the tokens were distributed to all those who received airdrops from Arbitrum. And everyone who received them sold the token.
If you go and read on Twitter what people write about the token, then we will see - scam, scam, scam
But let's see why they say so? Because they bought a token, and the price falls and falls, and people don’t get rich that’s all) Did those people who bought meme coins like Doge get rich right away? No!
What I think will happen
- The team will buy tokens from retailers
- Start marketing
- the percentage of burning will increase
And the token will grow. There will be conversations, like, buy a token and hold it, because it's on fire! And you get richer just by holding a token!
Because on the bullrun + a competent marketing strategy, for example, advertising that any Chinese student can create their own token on the ArbDogeAI platform and brag to their classmates (for example)
It's not about technical analysis, it's about psychology
I do not advise you to buy this token, because tomorrow it may become 0, so let's see if I'm true or not
THIS IS NOT FINANCIAL ADVICE!
Regards,
Eugene