From the end of 2021 and until the beginning of 2022, certain tokens entered the crypto market that did not have any special support and grew significantly only based on the support of some whales!
Yes, tokens without a specific project and without a purpose that came to the market only for specific purposes.
Some analysts stated that the main reason for these tokens is money laundering, and others announced them as tokens of the future.
But the truth is that tokens without real backing have no way but to become worthless.
One of the most famous of these tokens is the DogeCoin token, which had a strange and unprecedented growth under the support of Elon Musk. Another token is Shiba, which again had an irrational growth.
Usually, tokens are created to guide and manage projects and platforms, and the government token of each project is created to form a DAO and the effectiveness of user comments on the project.
But are the tokens that do not have any special project and only enter the market with a few photos and extensive advertisements, reliable?
Take care of your capital!