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Author: Admin | 2025-04-28
Exchanges.A recent example is BOOK OF MEME. According to CoinCodex data, BOOK OF MEME was listed at $ 0.00005880 on March 14th, 2024. Just two days later, BOOK OF MEME hit an all-time high of $0.02805. This early means investors made over 47,000%.Secure an ICO DiscountAnother benefit of investing in ICOs is that many campaigns offer discounted pricing. This means investors can secure an upside before the tokens list on exchanges.Fun Fact: The biggest and most successful ICO ever is EOS. The EOS ICO, which concluded in 2018, raised more than $4 billion. Today, EOS is worth just over $1 billion – highlighting that many ICOs fail to live up to expectationsWhat are the Risks of Initial Coin Offerings?Even the best ICOs are inherently risky.Consider the following risks before investing in an initial coin offering:Scams: Some ICOs are scams, meaning the sole aim is to defraud investors. The project might have no intentions of achieving success. Rather, these ICO scams will collect funds from investors before disappearing. Therefore, research is crucial when investing in ICOs.Contract Amendments: Another risk is that ICO projects could amend the smart contract. For instance, they might restrict sell transactions. This means people can buy the tokens but not cash out. To avoid this risk, make sure the smart contract has been audited and renounced. This means the contract can’t be changed.Price Depreciation: ICO token prices will rise and fall once listed on exchanges. This can’t be controlled by the ICO project, as crypto prices are
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