Today on request......CRONYCRONOS $CRONY ....a memecoin on CRONOS who want to 'become the mascot of the Cronos Network'......As with all memecoins....there are certain promises made and if you are invested in it...you can only hope they'll come true...
$CRONY had a rough start...it appeared that when they first launched...people were able to BUY...but could not SELL.... $SQUID is a famous example of another memecoin that had similar "problems uhum" after it went skyrocket....however $CRONY have returned all funds to investors..
...despite that being positive news...it is still a memecoin with no utility whatsoever....because of its reliance on the community and any promotion done by influencers/celebrities.....the price will be very volatile...it can pump quick but plummet even quicker...
...If the community loses interest what will $CRONY be worth...they don't even have a 'real community' yet...on their website it says they're international and have many TG groups..most of them are barely active...it seems the Global and Spanish groups are the only ones trying...
...with both TG groups together having just over 500 members (including bots/fakes etc.) the community is still fairly small...also having just 142 holders....and a 51K MC makes this coin a very risky investment... the price will be too volatile and can fall in seconds...
they are trying their best to promote the coin...but please guys...don't be fooled....if an influencer retweets @CRONYCRONOS and talks about how great the project is...remember that everything is for sale in the cryptoverse...below 2 guys that have retweeted $CRONY...
In their whitepaper they claim the official accounts... including the twitter @CRONYCRONOS .... are not encourage anyone to buy $CRONY .....neither are they giving any financial advise......
.....however with tweets as 'do not miss this opportunity' and 'buy $CRONY' decide yourself if that is not encouraging people...it's a weird claim to begin with...anyway...'buying $CRONY will get you much more profits than $LUNA' comes close to financial advise now doesn't it...
Their liquidity is locked for a year and they promise they will denounce ownership at that time....we can only hope so....the contract includes an 'anti whale' system to let you max. buy 3.5% of the supply...however we all know in crypto we can create infinite wallets....
They are not unique and not the only ones trying to be the face of #CronosChain ....to me they're just 'one another'......fairly similar to other....and they're all trying...and claiming...their coin/token will go 'to the moon' and beyond........right.
Be careful when stepping into coins such as $CRONY..the MC is usually low...their success depends on the community and shillings...in the case of $CRONY I have found that a day there is about $100 traded..low volume..if you do invest..don't exceed 1% in of ur portfolio in memes!
What do you guys thinks about $CRONY??? Are there any other coins/tokens you guys would like me to look at? let me know ....if you like this kind of content you cld help with me a LIKE and/or RETWEET....starting a new week in crypto guys...CHEERS!!
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