Posts

Showing posts from September, 2022

Titano (forks): Should I invest or not?

Image
We've seen a number of hypes come and go in the DeFi area over the past few months. DAO projects came first, followed by Node projects, and now Titano. A fixed APY of 102,483% is offered via the protocol known as Titano . After you buy the token, you are ready to go because staking and compounding are both done automatically. In all candour, I also wonder what Titano's use case is. No issue is resolved by Titano. It merely adds more and more Titano to your wallet, and that is all it does. No sane individual would ever finance such a project, right? Wrong! Over the past four months, Titano's price has soared by about 600%. Consider investing $250 in Titano on November 23, 2021, when the price was $0.032. With that money, you could have purchased 7812.5 Titano. The price is $0.1902 as of the time of this writing, thus only the price gain would have made the investment worth $1486. However, the best is yet to come. Since November 23 there have been 120 days, and the daily RO...