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Author Topic: Morpheus Network (MNW) - good investment?  (Read 56 times)
JamesDaniel90 (OP)
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February 09, 2024, 09:46:43 AM
 #1

Hi all,

I have recently come across Morpheus Network (MNW) and I like how scarce it is with pretty much all of its supply in circulation.

Current market cap is only $54m so think this has a real chance of seeing 20x returns or more this bull run which would give it just over $1b market cap which is nothing.

You do not hear much about this altcoin but I am thinking of taking a gamble on it, is anyone else invested?
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February 09, 2024, 09:57:33 AM
 #2

Maybe it's a good idea to put a couple of bucks in there but I think I like your choice of word " gamble" which I will likely or may not invest in it.

But the fact that it's not popular could give it a chance of making one a good profit which will be withdrawn immediately after hitting the target because surely it may be one of the shitcoins that comes and goes after bull run.

I will have to check em out if you can gamble some funds In it.

JamesDaniel90 (OP)
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February 09, 2024, 10:21:16 AM
 #3

Maybe it's a good idea to put a couple of bucks in there but I think I like your choice of word " gamble" which I will likely or may not invest in it.

But the fact that it's not popular could give it a chance of making one a good profit which will be withdrawn immediately after hitting the target because surely it may be one of the shitcoins that comes and goes after bull run.

I will have to check em out if you can gamble some funds In it.

I like altcoins that are scarce and have most of their supply in circulation and this ticks both boxes.

Have done some research and watched a few videos on Youtube, some say it could 100x but I will be happy with 20x

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February 09, 2024, 10:28:36 AM
 #4

Morpheus Network (MNW Coin) is a shitcoin that makes increase during last Bull Run, base on the past record and the next bull run is around the corner, in which can make a equivalent the same or more than before price increase move. In other words make your research properly before investing.
JamesDaniel90 (OP)
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February 09, 2024, 10:31:06 AM
 #5

Morpheus Network (MNW Coin) is a shitcoin that makes increase during last Bull Run, base on the past record and the next bull run is around the corner, in which can make a equivalent the same or more than before price increase move. In other words make your research properly before investing.

Shitcoins make money.

I bought Arcblock at 8 cents and it has been the best altcoin performer over the last month recently reaching $1.40 - doesn't matter if it is a shitcoin as they pump and see good returns the key is taking profits and not being too greedy.
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February 09, 2024, 12:29:05 PM
 #6

Maybe it's a good idea to put a couple of bucks in there but I think I like your choice of word " gamble" which I will likely or may not invest in it.

But the fact that it's not popular could give it a chance of making one a good profit which will be withdrawn immediately after hitting the target because surely it may be one of the shitcoins that comes and goes after bull run.

I will have to check em out if you can gamble some funds In it.

I like altcoins that are scarce and have most of their supply in circulation and this ticks both boxes.

Have done some research and watched a few videos on Youtube, some say it could 100x but I will be happy with 20x


Most supply in circulation means nothing, developers can pretend to be buyers, they will create multiple wallet address and start buying themselves, just to deceive people like you, and moreover if you are early to a new project you can't expect the circulation to be huge already.

I jumped in few projects last year, the circulation are around 2% to 8% and the Marketcaps are very small, and today they are over 40 million in market cap and the supply is over 40%, when you are early to a project it's where you will make most money and that's where no one will want to buy.

Trust me, that's the best buying point, just make sure the project is good enough, the investment trick of altcoins is to be early.

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February 09, 2024, 12:30:11 PM
 #7

Morpheus Network (MNW Coin) is a shitcoin that makes increase during last Bull Run, base on the past record and the next bull run is around the corner, in which can make a equivalent the same or more than before price increase move. In other words make your research properly before investing.

Pretty much this above, but the fact that the max supply is under 50,000,000 makes it potentially worth throwing a few hundred bucks in. If you’re an altcoin investor then it’s always a good idea to search out the low caps. The fact that this is so cheap still keans it is worth a gamble, as the OP says.

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JamesDaniel90 (OP)
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February 09, 2024, 01:14:13 PM
Last edit: February 09, 2024, 02:31:48 PM by JamesDaniel90
 #8

Morpheus Network (MNW Coin) is a shitcoin that makes increase during last Bull Run, base on the past record and the next bull run is around the corner, in which can make a equivalent the same or more than before price increase move. In other words make your research properly before investing.

Pretty much this above, but the fact that the max supply is under 50,000,000 makes it potentially worth throwing a few hundred bucks in. If you’re an altcoin investor then it’s always a good idea to search out the low caps. The fact that this is so cheap still keans it is worth a gamble, as the OP says.

Yes that is all I am thinking , a $200 gamble.

I like looking for altcoins like this that I can see doing 20x return minimum - i then plan to sell around 20x return and then put profits into larger altcoins & Bitcoin.
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February 09, 2024, 01:41:02 PM
 #9

I see Morpheus a pretty good project, and if you really believe in the project you can bet on it, then you can prove to everyone that your project is indeed good.
with very little supply, it is possible that the price will rise during the bull run.
Bitco55
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February 09, 2024, 03:27:06 PM
 #10

Sounds promising, and one can even gain more from fast-rising altcoins like this one. Although alluring, I wouldn't want to be a victim of scam coins, so, I'd do my research. Want to be quick though so I won't miss out if it turns out to be a really nice opportunity.
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February 11, 2024, 05:49:22 AM
 #11

Sounds promising, and one can even gain more from fast-rising altcoins like this one. Although alluring, I wouldn't want to be a victim of scam coins, so, I'd do my research. Want to be quick though so I won't miss out if it turns out to be a really nice opportunity.
If you want to earn, especially a quick big profit, you want to take a big risk as well. There are still people who only want to take moderate risk so small cap coins like this are not alluring to them. Not all coins like this are scams because it is still possible for you to earn on them as long as you enter and exit at the right time.

You don't want to be a victim of a scam, though even if you invest on a legit crypto but you are not committed on your goals, it is still possible for you to lose. When doing a research, you don't need to rush. That's so inappropriate and will only lead you to dangers. If a coin is truly great, there's more to come from it, so you can always catch up.

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February 11, 2024, 07:34:11 AM
 #12

I don't know how the token will perform in the long term as they are working to streamline the supply chain using blockchain. I haven't seen any a lot of projects working on the supply chain niche. I did not find a any names of thier clients when I visited the website. So I won't be optimistic about holding the token long term, but for short term gain in the next six month would be okay. I don't think it would give a return of 20x in the next bull run as it is not yet hyped. If you feel comfortable in investing in it after your own research then go ahead.
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