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Discover the Syscoin project ($SYS)
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Do not touch leverage unless you have money to throw away.
$1000 for 10 low marketcap Altcoins
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Syscoin - what do you think about it?
Heads up for all DeFi and GameFi projects out there, this sounds like a great opportunity for you: Syscoin Foundation has allocated 20,000,000 $SYS towards projects that deploy on their NEVM.
Heads up for all DeFi and GameFi projects out there, this sounds like a great opportunity for you
Gold Standard DAO | Real Project | IDO whitelisting ending today | Active Community | High Staking APY for early DAO holders| First Fork of Olympus DAO Backed by Physical GOLD Assets
Why Syscoin is the future of Smart Contracts
Ethereum and Syscoin will likely be the 2 remaining L1 utility chains remaining in rollup-centric landscape
Update that combines the security of smart contracts based on Bitcoin and Ethereum is launched on Syscoin
Do you think ETH or BTC will eventually get surpassed in market cap?
Syscoin’s vision is to completely bypass third parties and to create a decentralized marketplace that works to extract more benefits from blockchain technology. With their NEVM product launching on December 6th, $SYS is primed for even greater heights.
Mentions
tldr; SYS Labs Holdings Ltd and its directors, including members of the Syscoin Foundation, face criminal and civil actions in the UAE, Canada, and the Netherlands. A Cease-and-Desist notice was issued for alleged illegal activities such as fraudulent statements to investors, conspiracy, and breach of fiduciary duty. The notice also alleges breaches of UAE regulations on digital asset promotion. The conflict stems from internal disputes over control and accusations of mismanagement and fraud. Investigations focus on theft, embezzlement, investor fraud, and more, with potential INTERPOL Red Notices for the arrest and extradition of suspects. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
A Cease-and-Desist notice has been served to SYS Labs Holdings Ltd in the UAE DIFC (doing business as Rollux) as well as its directors and Syscoin Foundation Board Members Jagdeep Sidhu, Michiel Naering and Chris O’Shea among other persons of interest. Syscoin is the fifth oldest surviving cryptocurrency in the world, with its blockchain having launched before Ethereum and having been adopted via merge-mining by over 70% of Bitcoin miners worldwide.
tldr; Executives of Syscoin and Rollux, including Jagdeep Sidhu, Michiel Naering, and Chris O’Shea, face criminal and civil actions in the UAE, Canada, and the Netherlands. A Cease-and-Desist notice was issued against SYS Labs Holdings Ltd and its directors for alleged illegal activities, including fraudulent statements to investors, conspiracy, and breach of fiduciary duty. The notice also alleges breaches of UAE regulations on digital asset promotion. Additionally, a criminal investigation in the Netherlands is focusing on theft, embezzlement, and other charges related to the unlawful transfer of funds from the non-profit Syscoin Foundation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I can tell you that $SYS is a promising cryptocurrency that has the potential to be big in the crypto ecosystem. $SYS is poised to make a significant impact in the world of cryptocurrency and beyond. While it's important to do your own research and never invest more than you can afford to lose, $SYS is definitely an interesting project to keep an eye on in the coming months and years.
One of my favorite undervalued cryptos right now is $SYS. Its innovative dual-chain architecture combines the security of Bitcoin with the smart contract capabilities of Ethereum, making it a robust and scalable platform for a wide range of blockchain applications. This unique blend of security and flexibility positions $SYS as a strong contender in the market, with significant potential for growth as more developers and projects adopt its technology.
$SYS is an extraordinary project!
In the Crypto space, you keep learning everyday, no knowledge is lost but how does one channel his or her energy to the right course? Hmmmm, this is the major challenge. Don't rush , start from Hodling your portfolio tight while you search for potential projects. BTC is great, SYS is making lots of impact in the space with its decentralized marketplace where one can exchange without an intermediary, SOL is good, and ETH is superb etc. I can go on and on but just Do Your Own Research and decide where to channel your learning focus.
$SYS It’s rooted in Bitcoin via merged mining, and its (OPStack) EVM L2, Rollux, outperforms every scaling layer on Ethereum post-Dencun, in terms of security, decentralization, scalability, and transaction costs ($0.00005/transaction. Syscoin, the L1, also has its own data availability solution, aptly named Bitcoin DA (formerly PoDA), which outperforms Celestia’s. Best of all, to reiterate, it does this on Bitcoin. Its market cap is about $220m, which is insanely undervalued compared to other projects with higher market caps and less utility. This is not financial advice. Full disclosure: I work for Syscoin, but only because I first came from their community. I originally got into Bitcoin in 2011 and believe Syscoin and Rollux offer the best path forward for Bitcoin to evolve and outcompete all other VMs and L1s, and the quickest path to accessing the largest untapped liquidity for DeFi, that of Bitcoin.
SYS, going for the small cap alt this run.
CTSI and SYS both with the small MC, being good projects and geting some upwards movement looks like a good play
The oldest modular blockchain there is and merge mined with bitcoin so it shares the security: SYS Sub 100m mc.
SYS! Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.
There's already a solution to keep incentivizing miners, called merged-mining. "Merged mining or combined mining is a protocol that allows two different blockchains that share the same consensus protocol and hash function, to be mined together without loss of performance and maintaining a high level of security." Syscoin is an example of that, Syscoin is merged-mined with Bitcoin, meaning that, if you're mining Bitcoin you can actually opt-in to mine Syscoin at the same time, using and recycling the same hash rate, but you're getting more incentives ($BTC + $SYS). Not only that but Syscoin (the merged-mined network) also inherits the Security of the main chain, because it's maintained by the basically the same hashrate/work. It amazes me that so many few people know about this and so many few projects actually implement this. Interesting Fact: Dogecoin is merged-mined with Litecoin, and in the 2021 Bullrun, Litecoin reached ATH on hashrate due to people wanting to mine Dogecoin.
This question could be, is there anyone that only buys below the top 50? Because that would be me and many others, the key to making money is researching low caps that can go massive in the bull run. I can give a few examples of this and feel free to DYOR: $SYS, $CHNG, $RIO, $VRA, $TRIAS, $RNDR, etc.
tldr; SYS Labs, a blockchain technology innovator, has announced the mainnet release date for Rollux, its EVM-L2 scaling platform. Rollux promises to deliver speed, security, affordability, and scalability, and is uniquely designed to provide the fastest, cheapest, and most secure transactions at scale, all with two-second finality secured by Bitcoin. The platform is set to launch on June 28, 2023, and marks a significant step forward in the blockchain industry, setting new standards for transaction speed, security, and affordability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I won't be convinced that we are in a bull market, until I see people talking about dinosaur coins like SYS and DCR
SYS labs the one who acquired FortKnoxster so I would be checking for updates regarding the swap on the Syscoin twitter: https://twitter.com/syscoin
Some coins to pay attention in case we get a hype around zk * MATIC * IMX * SYS * LRC * DUSK * MINA
Well not trying to be shilly but Syscoin claims to be exactly that. They are "The best of BTC and the best of ETH". They are merged-mined with BTC so they get the PoW consensus which means they're almost as secure as BTC and they also are EVM compatible, meaning everything you can do in ETH you can do in SYS.
Yeah I hope so. When the market dips, I like to pick up a few random moonshot bags. I've got VRA, SYS, CKB, and VXV. Any others you think are worth having a look at?
VRA purely bc the staking rewards on the exchange I use are amazing and SYS bc it keeps showing up as trending on Coingecko. And yes, I realize these are terrible reasons... But you said moonshot not a sure shot😉
As the adoption of cryptocurrencies continues to grow, the need for faster and cheaper transactions is becoming more apparent. It's great to see Coinbase recognizing this and taking action to improve the scalability of the Ethereum network with their L2 solution powered by Optimism. I'm also excited to see Syscoin's L2 solution (mainnet launch in early Q2), which will be using OP-Rollups technology and inheriting improved security from the Syscoin's L1 (AuxPoW) to offer fast and low-cost transactions. With fees paid in SYS, which lead to increase utility and value. It's clear that L2 solutions will play a crucial role in the future of blockchain technology, and it's great to see more projects embracing this approach.
1) RunOnFlux (FLUX) 2) Ethereum Classic (ETC) 3) Nervos Network (CKB) 4) Syscoin (SYS) 5) Kadena (KDA)
tl;dr 1) RunOnFlux (FLUX) 2) Ethereum Classic (ETC) 3) Nervos Network (CKB) 4) Syscoin (SYS) 5) Kadena (KDA)
ZK narrative pushing a bunch of tokens up * MATIC * LRC * MINA * IMX * DUSK * SYS
ZK narrative not stopping. i posted here about it, the first day it pump. MINA LRC DUSK ZEN SYS ROSE SKL DEGO. all almost up double digits
ZK roll up coins are up 10%-50%. LRC, MINA, CELR, ROSE, SYS, DUSK, SKL
ZK roll up narrative, the hype after the AI narrative. MINA, CELR, SKL, DUSK, ROSE, SYS, LRC are with zk roll up. 10%-50% pump to these coins
nahh all ZK roll up pump hard, MINA, CELR, SKL, SYS, etc. its just the hype right now xD
Marry SYS, fuck DOGE, kill SOL!
The ability for the $SYS Blockchain to scale on its NEVM chain whilst maintaining $BTC merged-mined security feature makes it even more unique amongst other Blockchain.
Wow, watch SYS, so proud of our team, This's a team plus community effort more to come, we got big things coming alots, we've so much plans on the way
>Exactly “don't invest more than you are willing to lose” is a valid point I agree with you. This will allow you to separate emotions when making financial decisions. Probably it could be better to do blind DCA with a little amount over a long period of time. That way you don't feel it when investing. I have been doing this for tokens like OCEAN, IMX, SYLO, and SYS. When I reach my set target, I will DCA into other tokens.
SYS,QNT,YDF and MIRL is on TGE,listing tomorrow on Mexc
Sylo is low cap, I think the market cap is below $20M. I expect it will experience some parabolic move in the next bull cycle because of the decentralized communication layer they are building. SYS and OP are mid caps and you know OP is quite popular because of the solutions L2s bring
That works , also you can have another bag for short term holds . It’s a win-win situation. I have long term holds like SYLO, SYS and OP. Then the short term holds are based on the setup I see in the market
Then we can call Solana SYS (see you soon)
OGN will sure mint a lot of Millionaires, What do you think about SYS?
The best possible way is just to buy for long term and remove your mind of any bear market that is inevitable. Stacking up low Market cap gems like SYS or LUNC or HEX is a good investment plan for long term. Their ecosystem has a security that is second only to bitcoin, with a platform that is scalable and decentralized to build on. SYS in a few years will be the next big thing coming out from blockchain.
The project looks amazing! I'm patiently looking forward to what this week will bring in the market. Stacking up more SYS, SOL, and ETH are still Very much my top priority. Syscoin is a layer-1 and layer-2 blockchain solution that combines Bitcoin’s Proof of Work and Ethereum Virtual Machine (EVM) in a single network.
Ditto. It makes me also question individuals' rating of top projects. We hardly do profound research, rather we follow the hype. I consider projects like ORE Network that connect web2 identities with web 3, SYS scalability, and OGN which offers an open source marketplace for NFTs. These are examples of projects with real use cases, yet largely underrated.
I don’t like that it’s DAG also, because that brings centralized features as well. SYS, on the other hand, has a z-DAG which makes it decentralized.
Better to buy a less cost car and have more BTC alongside some other tokens that can do well in the future; SYS, DOT, AERGO and OGN
Not miss out on a 1.4m gain from SYS pump in 2018. Then reinvest those gains into btc in 2020
That is one big massive bounce back 💪. I guess it's time to stack up more gems with the market preparing for a come back. SYS under 1 dollar is looking like a must buy at the moment. Syscoin combines the best of bitcoin security and Ethereum smart contract to provide low-cost transactions speed.
Every coin that has shown great potential is having a worst run out there, so is not just bitcoin. But I consider Syscoin a standout. The amount of consistency the team has put into the project has been amazingly spot on. SYS is trading on MEXC Global with a trading pair of USDT X SYS.
That is impressive! I think Syscoin constant development and partnership with other networks can rally them into dropping a new ATH this year 2022. SYS combine the best of bitcoin security and Ethereum smart contract to provide a scalable and decentralized network to build on.
Are we expecting a rise in price 🤔. VET and SYS price prediction might seem likely to have an upper hand compare to other network in terms of the level of consistency they having in the market. SYS is trading on Kucoin with a trading pair of USDT X SYS.
What are your thoughts on HBAR, VET and SYS?
More evolved and scalable. The possibility that Syscoin is the only layer-1 Blockchain that scales with EVM functionality make it more improved. Syscoin combines the best of Bitcoin security and Ethereum to bring you a network to build the most secure, and fastest Web 3.0 applications. SYS is trading on MEXC Global with a trading pair of USDT X SYS.
Possibility I think. We might experience a massive pump soon. With bitcoin and SYS gearing up for another run, I would a change in the market price in the coming days. Syscoin is merge mined with the best of bitcoin security and Ethereum smart contract combine providing low cost transaction speed.
I believe that's all they do. They only see their interest as the only point of focus. Check out SYS. A low Market cap gem with strong fundamental growth. Syscoin is the only layer-1 Blockchain that scales with EVM functionality.
Maybe it does but the truth is you can't tell if they are just manipulating the market or the Terra Luna is genuine. Stacking up gems like bitcoin, Ethereum, VET and SYS at this moment is the best chance anybody can get. Syscoin is designed to provide low-cost tokens and NFT transaction speed secured by bitcoin.
Impressive! Buying the Market dip looks like a better opportunity for the pump that is coming. Gem like Syscoin is having a great potential for breakout. With Pegasys DEX upgrade going live on Syscoin NEVM with staking and farming. I'm optimistic that a SYS moonshot is inevitable 🚀.
Amazing project to check out definitely! With Syscoin ecosystem constantly attracting other network and growing rapidly. The ApexBridge partnership with Syscoin is bringing a crosschain accessibility between Avalanche and Syscoin (SYS). I think SYS is among those rare gems with great potential.
something to look forward to. Impressive! Syscoin and SLP is an undervalued gem that has surpassed most altcoins in terms of development. I would expect the consistency to help them survive the bear market. With SYS now listed on HuobiGlobal with a trading pair of USDT X SYS.
I still believe LUNA can be safe despite having a huge fall. I also think SYS can drop a new ATH this year despite the market having a constant dip . Syscoin offers low-cost tokens and NFT transaction speed secured by bitcoin.
I don't think we have hit rock bottom prices yet. But I want to be ahead of things. What are the blue chip shitcoins. By this mean shitcoins that are set to survive winter. Something like Ravencoin or SYSCOIN has already survived a winter, so I expect it to do so again. Image of you bought RVNor SYS low during last winter, you would have pretty good profits. I want to spread something like 2k over a couple of coins, so that even 1 succes out of all of them would make up for potential wrong guesses. I do expect a bull market next halving. What shitcoins do you think are set to survive winter?
My investments are pretty much all in on SYS, which from what I have read is a pretty promising project. I started with a $300 investment and used swing trading to get that up to around 3k. At that point, I got nervous about the gambling and spent like one month reading about the tech to see if I could find an altcoin that actually did something. As the initial investment was so low, I'm not really too nervous about whatever comes. I should've taken profits early, and even considered it, but hindsight is 20/20. Seriously though: only invest what you can afford to lose.
Nobody knows what to expect when it comes to crypto. Now is the best time to invest because prices are low. I've used the opportunity the dip has provided to add some DKT, SYLO, RFOX, and CVP to my portfolio. I'm still watching SYS, and it is drops below $0.2, I'll buy it.
I just listed numerous ways transactions can be free, but you haven't experienced them so they don't exist to you. Any smart contract can change the payee of each transaction. Those funds can then come from a handful of tricks. Yes, it can even come from inflation that is then offset by additional mechanisms or inflation that that is pulled from short term thinkers to long term and healthy participants. It can come from the wallet auto lending your funds and the funds of other users to pool together value to create free transactions for all users of a particular wallet. No, this isn't hypothetical. Trash EOS solved this many years ago with this simple code: { resource_payer: { payer: 'alice', max_net_bytes: 4096, max_cpu_us: 400, max_memory_bytes: 0 }, actions: [{ account: 'eosio.token', name: 'transfer', authorization: [{ actor: 'bob', permission: 'active', }, { actor: 'alice', permission: 'active', }], data: { from: 'bob', to: 'alice', quantity: '0.0001 SYS', memo: 'resource payer', }, }] } Nano does not provide any feature that any modern smart contract platform can offer. Full stop. Nano does not scale well enough to matter. Full stop. Nano will never even be better money than Bitcoin. Full stop. I'm not waisting more time with this conversation. Learn the industry more.
Tokens aren’t the same as coins, coins have their own blockchain ie. BTC ETH SYS etc…There’s kind of a “flavour” to the scam tokens most of the time. Similar looking shill hype on all social media, gimmick features “token burns” “selling tax” la creme de la stupide “reflection tokens” low volume, low liquidity, never apply to major exchanges, devs don’t keep up at all with roadmap. Not all tokens are scams though, like AXS or SAND they’re erc-20 tokens with legit projects.
Will there be a list of double-audited smart contract projects with outstanding results? I'm sure that SYS and QAN would be near the top.
Sounds good! They're an AMM based dex on ZKsync 2.0 (which is why I bring them up here). Been awarded a grant by SYS, and potentially due to be their main hub for the SYS DAO. They've also got some really interesting incentive programs to attract liquidity. Obviously I'm biased, as a holder. But genuinely think they've got the ingredients to become a decent player in the game.
I have been investing in NEAR the last few month, albeit that has now caught on so i wouldn't say it is super 'early' anymore. But I llike it. Azero is also a bit of a punt, i was in the public sale for it then just DCA at $1-1.5. Very unknown for now, not sure it ever takes on the size of the top L1s but lots of room for speculative growth imo. L1s in general feel a little exhausted and for the short-medium term eth, avax, luna, near probably my preferred setup. Interested to see what the next set / narrative shift is though tbh. Layer 2s are also a potential risky trade with upside - metis (albeit recently had some bad news), Astar network. Then rollups like SYS, Dusk and so on. also looking at Pocket network at the minute - but being very honest, I don't know enough about it yet. More broadly, I'm going to be quite patient trying to find the next big thing - so to speak, think needs time for builders to build, the market to reshape and reset after the last year or two. Right now im mainly focused on helping projects grow and building myself, then just trading some big caps where i can
The new era is not really limited to to SYS alone but to the likes of CCC which is running a DAO that cut across the core areas of crypto and also runs a GameFi/DeFi yield aggregation service alongside.
Despite the fact that I sold in the last six months when I took a profit on TOWER, I buy more when the market is in the red. I will DCA into BTC if it falls further, and I will also load up on low caps with good utilities, quality partnerships, and backers, such as DKT and SYS, so that I am well positioned when the market pumps.
I'd rather buy more when prices are low. For large caps such as BTC, ETH,DOT, MATIC, I DCA, and for small caps such as DKT, SYS, CVP, TOWER, I buy more on the dip to position myself for the next bull run, which, in my opinion, will undoubtedly occur, but when I cannot predict.
Really excited for this one, I think SYS is opening the door for a new era of DAOs.
This must be very bullish for $SYS.
When the market is down, I add more tokens to my bag, especially low caps with solid fundamentals, quality partnerships and backers, and healthy tokenomics like DKT, SYS, and MPL, so that I have some weight in my bag when the bull season begins.
Only a small percentage of such fortunate stories exist, so I'd rather stack my bag with promising low caps like DKT, CVP, SYS, and NII because they have solid fundamentals and utilities and could make me some money if the market surges.
During the market downturn, I DCAed into BTC and ETH, and I'm glad I did. I no longer lose money as much as I did when I was a newbie in cryptocurrency because I now understand the market more on a daily basis. For example, as a newbie, I was only drawn to projects that had already been pumped, and the majority of them began to dwindle as soon as I purchased. The opposite is what I do now; I only buy crypto when the prices are low, as I did when the prices of some mid to low caps like IMX, MPL, DKT, CVP, and SYS dropped, so that I could profit when the market recovered.
So many obstacles against the moontime, quite a creative meme. Let us hope that the moontime lasts longer in the real world. I have some low caps that I believe are promising, such as DKT,MPL, SYS, and NII, that I added to my portfolio during the market downturn. If the market breaks through this resistance level, I believe it will surge.
What are your favourite shitcoins? I like SYS, because it is a reliably pumping shitcoin but nobody really knows what it is and I like XVG because it is a ways down from ath and it really volatile (because small MC)
What do we think about the SYS chart? The blue chip shitcoin
SYS is a legendary shitcoin. I would call it a blue chip shitcoin
Some good ones, some bad ones. CRO, ADA, GALA, now the really shiity one: SYS
Yeah like RVN or SYS. Shit like that always pumps for some reason
If we are again approaching a 60k BTC bull market, then now is the time to be buying shite like RVN or SYS
Hmm...wouldn't call them top but right now they are my favorite SYS, MC, OCEAN
Because I don't trade on a regular basis. I do 1-2 trades a month and hold for 6 months or longer. I bought BNB at under $1 and still hold it, I bough SOL at under $2 and still hold it, I bought SYS at well under 0.40 and haven't sold at the top when it went past $1.20 because I believe in the project, I bought Rune at under $3... VRA I bought at under $0.10. I bought CHZ before it went parabolic and got out at a hefty profit when I noticed that their World Cup partnerships weren't going to really pan out. My system is actually much more refined than what you might think. I have developed it over the last 20 or so years from experience trading in ForEx, Securities, Commodities, and Derivatives markets. I altered it to Crypto because good fundamentals are relevant, and projects need to make sense.
This is very good news. ETH is just preparing to moon in the near future. I think We'll see the coin at $4,500 in a very near future. I'm preparing for the next bull run with a large bag of ETH and some little bags of SYS and KITTY from the kitty inu project. Hope the rise on eth and altcoins comes to a reality.
Exchanges always have these type of problems. I think this is not Coinbase's fault. Most cryptocurrencies I see in the post are a good long term investing for sure. I'd only replace SHIB for SYS and DOGE for KITTY from the kitty inu project. Good luck to all.
Hahaha lol. This is the price of gains and I don't like it at all. Honestly, I think crypto gains shouldn't be taxed. Last week I invested in some projects which gave me profits, such as SYS, ONE, and KITTY. I wouldn't like to pay taxes for that since I want to buy a car this year and I need all the money. The state is bad.
This is great news! 5 years projection, crypto global utility is going to record remarkable increase. Bitcoin and other solid Altcoins like BNB, SYS, MATIC, OGN et al will experience tremendous increase in price, especially as innovations in these ecosystems solve complex transactionary human issues
A rather amusing subheading; no one wants to lose their investments; instead, everyone wants to increase their profits. If you own BTC, now is not the time to sell; instead, I will hold for a long time and buy dips in other low-cap stocks with growth potentials, such as DKY, SYS, and TOWER. When looking to add more crypto assets to your portfolio, it is always best to DYOR.
As a strategy, I don't buy a lot of already pumped tokens; instead, I buy low caps in order to profit from a market surge. If I made $100,000 right now, it would be a great time to buy MATIC, SOL, and ETH dips, as well as some low caps like DKT and SYS dips. However, I have most of my assets staked in order to earn some passive income and add some weight to my bag, so I will participate in the staking programs that are available
I completely agree with you because making huge gains in large caps is nearly impossible, which is why I invest more in small caps when my goal is to make a reasonable profit. For example, while investing in BTC or ETH may take quite a long time to make huge gains, investing in low caps such as DKT, NII, SYS, CVP, and others in that category is more likely to yield huge returns in shorter period of time because they have growth potential as well as solid fundamentals and strategic partnerships. So I put more money into them, especially when the market is down.
I suggest that you buy some MATIC, AVAX, and the dips in some low caps such as DKT, NII, SYS, and CVP to ensure that you are well-positioned in the market upturn.
During the market downturn, I purchased quite large bags of some altcoins as well as low caps such as DKT,SYS,CVP, and TOWER in order to be well positioned when the market surges. I've always bought only when tokens are on the decline, and I rarely buy when tokens are on the rise because I paid a high price for pumped tokens early in my crypto journey.