On February 25th Binance will host their second ICO this year, the Fetch token. Should we buy into this and try a quick flip or not? Lets have a look.
Pro: - BTT was an insane success and pumped to over 10x ICO price in two weeks. Many have missed this boat but will try to catch the next one.
Contra: Fetch is outrageous, even for scam ICO standards. They are selling 20% of the total supply for $30 million, so they value themselves at $150 for just a whitepaper. - BTT only raised $7 million, so a lot of demand was left for the open market when it got listed. Fetch wants to raise $30 million, will there be enough buyers left to pump this shit? - Justin Sun shilled BTT to his large following, Fetch doesn't have the media outreach that BTT had. - The fundamentals of Fetch are horseshit. All buzzwords like "KI", "Multi Agent System", Synergetic Computing" and so on. No way these pajeets will be able to deliver anything at all.
So user, what do you think? Is the Binance Launchpad hype enough to have this pump? It's pretty clear that this won't nearly have the same run as BTT, but maybe a quick 2x is still in the cards?
>They are selling 20% of the total supply for $30 million fuck me, is this true? this shit will dump harder than my asshole after curry night
Asher Watson
Yes true, but it doesn't matter in the short term. They could be selling 5% for $30 million and it would be better for the short term price as long as the pajeets don't dump it themselves. Holding Fetch for the long run is suicide. I'm just contemplating if I should buy into the ICO and sell into the Binance listing.
Adam Peterson
buy, check em
Anthony Foster
Why you think their hardcap is 30 millions, fucking idiot? it's not announced yet.
also its binance ico so your is useless to FUD
are you stupid? it gets sold within 15 seconds , with your fud or without
do you realize if it gets below ico nobody will buy another binance launchpad ico. so they will pump it
also they was picky as fuck with choosing ICOs
OP IS PAJEET FUCK YOU
easy 3x
Luke Johnson
Maybe the numbers aren't fixed, but it looks like it will be $30 million. I do agree with you though, it will most likely pump.