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HODL Review – Is HODL Legit or Scam

HODL Review

HODL is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.

The benefits of HODL are closely linked to the utility of the tokens which will be reviewed on this article.

Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.

Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.

HODL Review

About HODL

A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review HODL token by explaining what the coin is about, tokenomics, roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.

What is HODL?

HODL was created to operate on the Binance Smart Chain (BSC) Network as a dual-reward token offering both BNB rewards and reflections to its investors (HODLers). There is a 10% tax on all buys, sells and transfers which funds the project and reward pool. Note – when buying HODL or selling, apply 13% slippage.

Over the past year, the growth and accomplishments of HODL have been astounding. There have been very successful changes in development and ownership. This has enabled progression into the third contract which is a state-of-the-art proxy/upgradable contract. This will allow certain aspects and needs to be modified without creating a new immutable contract, which means the need for migration it is no longer an issue.

HODL Supply

There are 732,601.69B HODL in supply worldwide.

Pros and Cons of HODL

Pros of HODL  
  • There is a surge in the market price currently
  • Project whitepaper available
  • There is a community
  • Contract on Binance Smart Chain
  • They are fully decentralized
  • A lot of investors are ‘flocking’ to invest
  • It is listed on coinmarketcap
  • Good navigational website – HODL
Cons of HODL  
  • The coin is still under research and development
  • Multiple issues with its synchronizations between ledgers
  • Not listed on some exchanges
  • No Github profile
  • They have no reddit account
  • No Bitcointalk thread created
  • No traceable features on tradingview

Is HODL Legit or Scam?

A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.

According to research and reviews, HODL have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.

Is HODL Safe?

Being willing to invest in any token is a question entirely up to you to answer. HODL token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about HODL on the comment section below. Don’t forget to rate and leave HODL a review.

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