Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: BestFx on April 26, 2025, 07:52:32 PM
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When a token is without a use case, it tends to be invalid and worth less in the market—why?
Some times ago, while I started my journey in the web3 space, I bought any token without rug-checks and that drained my portfolio.
Moving forward, I realize that most tokens I bought had no actual use case (value) in the ecosystem and thereby investors had no need for it; which led to the dumping of this tokens.
I now prioritize use cases as one of my rugs-checks before investing. In one of my searches, I came across $SIGN; which enables users to create and verify attestations across multiple blockchains,—so with all I’ve learned about this token, I think I should throw in my launch money
I saw different platforms with the pre-market of this token and even one with a 24hr TV of $490.50k.
Which CEX platforms do you think would offer the best in terms of pre-sale value and liquidity?
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When a token is without a use case, it tends to be invalid and worth less in the market—why?
Some times ago, while I started my journey in the web3 space, I bought any token without rug-checks and that drained my portfolio.
Moving forward, I realize that most tokens I bought had no actual use case (value) in the ecosystem and thereby investors had no need for it; which led to the dumping of this tokens.
You started investing without knowledge that you should research key factors like that. You learned the hard way. I never started investing randomly when I started investing because I did not have the capital to try around. I believe this is the main reason why so many people do not invest in tokens that they've not heard of or tokens that they've not researched, even though they're new
in cryptocurrency because they do not have the luxury of the amount of money to lose in the path to learning from experience.
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When a token is without a use case, it tends to be invalid and worth less in the market—why?
Some times ago, while I started my journey in the web3 space, I bought any token without rug-checks and that drained my portfolio.
Moving forward, I realize that most tokens I bought had no actual use case (value) in the ecosystem and thereby investors had no need for it; which led to the dumping of this tokens.
I now prioritize use cases as one of my rugs-checks before investing. In one of my searches, I came across $SIGN; which enables users to create and verify attestations across multiple blockchains,—so with all I’ve learned about this token, I think I should throw in my launch money
I saw different platforms with the pre-market of this token and even one with a 24hr TV of $490.50k.
Which CEX platforms do you think would offer the best in terms of pre-sale value and liquidity?
A token like $SIGN looks fascinating since it delivers something useful across many blockchains which is a significant factor in the space. In terms of CEX platforms for pre sale value and liquidity I'd suggest looking at Binance or KuCoin since they tend to have excellent pre sale options and good liquidity, also search for services like Gate.io and BitMart they could occasionally supply wonderful opportunities too. Just make sure to do complete research even on CEX platforms since not all of them have the same criteria for listing tokens.