MegaMoon token is on a surge for the past 24 hours leading to a worldwide trend in the cryptocurrency world. It is one of the fastest rising coin in the digital currency terrain, which a lot of investors have singled for research. Most often, these tokens are usually weak to invest hugely on, as a result, a lot of money have been gained and also lost depending on the legitimacy of the project. This review will guide you and explain MegaMoon in a way you will understand.
For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, you will want to learn more about this token for FOMO. On this article, we will review MegaMoon by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investors.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is MegaMoon?
Conventional financial system is about to change its core once again. As it changed from a fully manual pen and paper system to an automated system that can be operated through a network of computers that are used to input, compute, analyze and export data, the same way it will advance to embrace the Blockchain technology in the coming years.
Many big companies and even countries, like El Salvador, have realized that fiat currencies are becoming obsolete in the near future because of the inflation rates, corruption, money laundering and other economical factors, and now they turned to cryptocurrencies as this is the new innovation in the technology.
MegaMoon has big plans to become a player in the financial industry and they have designed a roadmap which will lead the project to success.
There are 690,000,000.00 MGMOON in supply.
Pros and Cons of MegaMoon
Pros of MegaMoon
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of MegaMoon
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is MegaMoon 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, MegaMoon have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.
Is MegaMoon Safe?
Being willing to invest in the token is a question entirely up to you to answer. The token with a weak backup, will likely succeed or not depending on whether the project team puts in an effort to sustain the project.
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 MegaMoon on the comment section below. Don’t forget to rate and leave a review.