"One of the followers asked me: Do you recommend investing in the $1MBABYDOGE coin?
Look guys, after I researched the topic, this is my point of view very clearly:
1. Market size and liquidity: The coin is new and the liquidity is weak on it, which makes it vulnerable to fluctuation and manipulation easily. One must be very careful.
2. The coin project and its team: There is no clear information about the coin team or their future plans. For me, this is an important thing to know before investing.
3. Community support: Meme coins such as Dogecoin and Shiba Inu have held up due to the support of the large community. But honestly, I don't see the same support with 1MBABYDOGE.
4. Partnerships: So far, there are no partnerships or strong news that give the coin a push forward.
5. Market situation: The market these days is volatile, and small coins like this are affected quickly. If the market is up, you may see them fly, but if the market goes down, you will be the first to lose.
Conclusion: Currently, there is no I recommend entering it, unless you are willing to take risks and bear the loss of the amount you invest. My advice is always: Do not invest unless you understand and are prepared for any scenario.
If anyone has experience with the currency or additional information, share with us, let's benefit from each other!"
{spot}(1MBABYDOGEUSDT)
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