Quote from: gunhell16 on January 23, 2024, 09:36:10 AM

As far as I know, this is still a new technology, and where its users usually deposit in stablecoins like USDC, this is a liquidity pool. Then the benefit that can be obtained here is that it reduces the manipulation of large investors.

In addition to the benefits I mentioned, it also provides trading opportunities. Then the challenges that RAMM can face are that the volatility is too high for the Ramm token, and the adoption is also too limited because of the new technology.

Thank you for your input. I have also grasped some understanding of liquidity pools. It's truly a new technology, so it's challenging to anticipate what factors will give value to the Ramm token. However, there hasn't been any information from RammDex about the launch of a token yet.

They mentioned the token launch in Q2 of this year; you should revisit the project's roadmap. I believe a project is truly beneficial to the community; the more valuable the token will be, it will be inflated rather than necessarily having intrinsic value for the project. Many tokens of current L2 projects are also somewhat speculative. However, during the altcoin season, they are often pushed higher, and liquidity is very good.

I advise you to be cautious when investing in newly traded tokens on BitgetSwap or any other exchange. New tokens often carry higher risks and may not have enough history or stability to make an informed investment decision.

Is there any plan for the project to build a community or engage with the community?

I agree that investing in new coins/tokens can carry high risks. However, I believe that through thorough research and close monitoring of projects, #DevelopmentTeam s, and real-world applicability, we can still discover promising investment opportunities. I suggest considering a dedicated portion of your portfolio for new coins/tokens and adhering to diversification principles.

I don't deny elon musk's influence on dogecoin. However, we should not be completely dependent on one individual. Baka casino is creating a diverse and attractive entertainment environment. I am confident that bakac will have the potential to grow based on the fun of the meme and the attractiveness of gambling.

I still don't trust this project

I agree with u, it's just another meme project with nothing special.