Deso - anyone invested?

[JamesDaniel90]

Deso (Decentralized social) is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users.

Is anyone invested or even heard of Deso? Current price is $18.40 and only has a market cap of $165m plus the total supply is only 10.8million of which 82% is currently circulating so is very scarce and tokenomics look great.

[asriloni]

Deso (Decentralized social) is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users.

Is anyone invested or even heard of Deso? Current price is $18.40 and only has a market cap of $165m plus the total supply is only 10.8million of which 82% is currently circulating so is very scarce and tokenomics look great.

Deso's tokenomic looks fantastic; However, as they are only having fewer users, the volume is also getting consolidated on huobi and listed only on two major exchanges. Despite having really good tokenomic, this makes deso not very attractive. Though it's experienced a significant surge in the last months, it's dumped back again. 

Bro, are you just considering deso's tokenomic aspects? Not worth buying for me.

[muncuss]

I joined the social media and yes the place feels desolate, like only less than hundred users exist. A surge is because we are nearing bull run so everything surged.

[JamesDaniel90]

Deso is down over 50% in the last 24 hours and not sure why as cannot find any coverage on it.

I did invest and have been slowly but not too much and wondering if I should buy this massive crash or not as price is now only $7.

Anyone know whats happened in the last 24 hours?

I know altcoins have been falling but not by this much so something must have happened.

[betswift]

Deso is down over 50% in the last 24 hours and not sure why as cannot find any coverage on it.

I did invest and have been slowly but not too much and wondering if I should buy this massive crash or not as price is now only $7.

Anyone know whats happened in the last 24 hours?

I know altcoins have been falling but not by this much so something must have happened.

As I've seen on Coinmarketcap, SEC Charges BitClout (Now known as DESO) Founder Nader Al-Naji with fraud, thus, the price just dropped like a truck and everybody says to leave while you can We shall see how the situation will escalate, however, this is the reason why.

[JamesDaniel90]

Deso is down over 50% in the last 24 hours and not sure why as cannot find any coverage on it.

I did invest and have been slowly but not too much and wondering if I should buy this massive crash or not as price is now only $7.

Anyone know whats happened in the last 24 hours?

I know altcoins have been falling but not by this much so something must have happened.

As I've seen on Coinmarketcap, SEC Charges BitClout (Now known as DESO) Founder Nader Al-Naji with fraud, thus, the price just dropped like a truck and everybody says to leave while you can We shall see how the situation will escalate, however, this is the reason why.

Thanks for that. I will buy one more bag if it drops down to $6.50 if not i will just leave it and hope that it recovers.

[betswift]

Deso is down over 50% in the last 24 hours and not sure why as cannot find any coverage on it.

I did invest and have been slowly but not too much and wondering if I should buy this massive crash or not as price is now only $7.

Anyone know whats happened in the last 24 hours?

I know altcoins have been falling but not by this much so something must have happened.

As I've seen on Coinmarketcap, SEC Charges BitClout (Now known as DESO) Founder Nader Al-Naji with fraud, thus, the price just dropped like a truck and everybody says to leave while you can We shall see how the situation will escalate, however, this is the reason why.

Thanks for that. I will buy one more bag if it drops down to $6.50 if not i will just leave it and hope that it recovers.

Yeah, good for you that you have it in spot, all features bags are popping, I believe

[JamesDaniel90]

Deso is currently at a price of $3.54 and due to be delisted from Coinbase 8th November.

Anyone know what’s going on? Not sure if I should buy more at these low prices to reduce my average buy or just take the loss on this one and focus on others.

[MAAManda]

Anyone know what’s going on? Not sure if I should buy more at these low prices to reduce my average buy or just take the loss on this one and focus on others.

Coinbase doesn't delist randomly, the delisting of a token on this exchange is because the asset no longer meets the standard criteria, maybe it could be because of business-related things such as the lack of $DESO token trading activity on Coinbase. Or maybe other reasons that are still related to their standardization.

I personally not interested in the price drop that happened to $DESO, currently only Coinbase is delisting, because they're one of the leading CEX pioneers, maybe other CEX will follow their lead. So, I would not consider buying $DESO.

[Nothingtodo]

Deso (Decentralized social) is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users.

Is anyone invested or even heard of Deso? Current price is $18.40 and only has a market cap of $165m plus the total supply is only 10.8million of which 82% is currently circulating so is very scarce and tokenomics look great.

DESO has invested in a project "Focus" combined with this project where the purchase of DESO tokens was compulsory.  At the time I invested in the FOCUS project, a DESO was priced at $40. At its current price, it looks like it's going to be one of the best scam projects of all time. I invested 400 dollars and I am sure that my 400 dollars was completely wasted.

[JamesDaniel90]

Deso (Decentralized social) is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users.

Is anyone invested or even heard of Deso? Current price is $18.40 and only has a market cap of $165m plus the total supply is only 10.8million of which 82% is currently circulating so is very scarce and tokenomics look great.

DESO has invested in a project "Focus" combined with this project where the purchase of DESO tokens was compulsory.  At the time I invested in the FOCUS project, a DESO was priced at $40. At its current price, it looks like it's going to be one of the best scam projects of all time. I invested 400 dollars and I am sure that my 400 dollars was completely wasted.

I did $300 - it’s not the end of the world and my portfolio is still up overall so not too bothered.

I feel this is important lesson as to why we should diversify and not put too much into an altcoin that we are not 100% sure on.

It is currently$3.46 and feels like it is slowly dying.

[doomloop]

DESO has invested in a project "Focus" combined with this project where the purchase of DESO tokens was compulsory.  At the time I invested in the FOCUS project, a DESO was priced at $40. At its current price, it looks like it's going to be one of the best scam projects of all time. I invested 400 dollars and I am sure that my 400 dollars was completely wasted.

where the purchase of DESO tokens was compulsory

Who? You? This is a wrong approach towards investing. Investing shouldn't be compulsory because we have more priorities in life than them.

Maybe you also invested on the FOCUS project because you say that your main DESO project has also invested with it. I'm not sure if that was a cool move but something tells me that we should only let them. It is because when they or we fail, we can only lose less. That's too bad for you if you already see where all of this is going but if there is some fire left, who knows? Maybe the project can still bounce back later on? It is now then up to you if you will continue taking the risk or not but if you ask me, I think I will now play it safely by abandoning the ship and invest only on the projects that can give you more confidence all the way and not only from the start.