The lowest value cost coin on coinmarketcap - Does it still have potential after the massive Dump?
Today I was researching on coinmarketcap as always and I stumbled across a pretty sh*tcoin
It is called Dimoncoin(FUDD) and it is actually the lowest value cost coin on coinmarketcap.comwith a current value of 0.000001 Dollars
https://coinmarketcap.com/currencies/dimoncoin/
The funny thing is, it says that this coin has a total supply of 100.000.000 but if you go to the trading page on etherdelta (which is the only site you can trade this coin) they are buy and sell orders several billion if not trillions of these FUDD coins. So for about 50 Bucks you can get more of Dimoncoin that the total supply is.
THIS IS REALLY A SH*TCOIN dont invest in it just because its 0.000001 Dollars.
The fun thing is though, that someone bought this coin when it was even less worth than it is now and got some immensive gains out f that; He invested 10 Dollars and those are worth over 3500 dollars now
Though this is a big sh*tcoin it is a really interesting coin, the team is still "active" on twitter.
Just 2 hours ago they posted this:
Tweets by @DimonCoin
DimonCoin
@DimonCoin
The planned token swap will probably be issued with a sort of buyback program. We will buy back tokens at a fixed price from users who doesn't want to get involved in what is coming on this year, and we will use those tokens for self funding. We will also burn a big stake of FUDD
So I dont know what to think about the burn and the buyback.. what do you guys think, can this coin increase in price in 2018?
Share your opinion in the comments, I would love to know what you guys think!
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