Previously I had invested in a hype Project called
(musk) and now I am stuck again on investment named
(FRX): After 2 years only listed on sunswap & Coinsbit (full of question marks/very unclear) ....LOL (1 FRX : 1 TRX) fack : no real! -
this is just my personal perception .....Not wishing to be negative, but as I've said - it would help if the team provided a roadmap / updated the website to actually reflect the plans for the project so investors might actually have an image of what they're putting their faith in. The complete lack of volume on the CEX listing is obviously not ideal (and the fact that it was the culmination of 2 years work hardly makes that better) - but it's not the end of the world so long as there is a clear plan to address this moving forward. This is especially true given you are selling yourself - at least in part - as a hedgefund token - so the wealth generation of the fund (trx/usdt staking returns) should be the thing actually motivating buying pressure by demonstrating value.
Also, given it's such a low volume coin it seems to me that a dex / amm is going to be one of the most sensible way of trading this in the short term, so liquidity being added to sunswap is kinda a necessary thing. You can't have "price discovery" if people can't effectively buy and sell.
I want to know what do you think about Altcoin FRX!
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