IS GMT A GOOD LONG TERM INVESTMENT ?????
GMT is a walk to earn project token , which offers another token GST as rewards for holding its nft which helps you earn it through walking or running .
NOW THIS IS THE CHART OF GST which has dumped from 10$ to all the way to few CENTS .
watch on mexc
Now this scenario is not only with this project but with every other ---- to earn project , cuz their reward token supply continue to increase infinitely resulting in the -99% dump .
In projects like this you will see growth only at the start of the launch and later on both the main and reward token dump heavily because of infinite supply which people earn over few weeks .
None of these projects are long term good investment , these are just pump and dump schemes which can give you many x returns if you get in early .
So try to find these projects early and get out early too to be profitable or you will end up sitting up with losses
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