What is your opinion on Million Token?

Jul 13, 2021 19 Comments

Hi guys, two weeks ago I saw TechLead posting his first video on his new token “Million” 30 minutes after video was posted and it has 100x today from $1. He has been posting a few follow up videos and I was surprised it gain so much traction.

At the time of watching his first video, I decided not to get in, because I watched most altcoins fail and the current crypto market condition is rather rough. In hindsight it was a great opportunity with limited downside and huge upside potential:

* TechLead has quite a big influence so initial momentum would be huge, “million” is literally his brand name.
* <1% chance of rug pull, because TechLead’s own reputation is on the line.
* Each token is backed by a real dollar so token cannot drop below $1, even if everyone sell their positions
* More legit than shady coins on shady r/cryptomoonshots and TikToker who gets paid to shill coins and take advantage of their followers.
* TechLead’s influence on YouTube would naturally lead to other youtubers in the community talking about it, further increasing the project’s social momentum.

I am writing this down to remind myself that even though altcoins on the whole is filled with copycats and scams. Once in a while, you might come across something legit and it wouldn’t hurt to throw in a few grands on day 1 where risk/reward ratio is the best and see where it leads.

/Rants over

What are your thoughts on Million token and if you hold any positions?

Are we going to see more people with influence trying to monetise their personal brand with their custom coin? Is this going to become a trend?

Disclaimer: I bought $2k worth today at $95

TC: $160K
YOE: 2

Update: price went to $200 and I got out and make 1k in profit

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