Titano (forks): Should I invest or not?

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 ROI is 1.8999%. The quantity of Titano would have increased to 73,361.33 as a result. That amount multiplied by Titano's current pricing makes the investment now worth $13,953.

The reason Titano Forks attracts investors is quite clear in light of these outstanding outcomes (and the high APY that enticed the early investors), even ones that make sense.

Titano and its forks are by their very nature inflationary. That implies that as time goes on, there will be an increase in the number of tokens in use. This will eventually lower the token's value. Just basic economics, really. However, this is not a reason to avoid buying Titano. There is profit to be had as long as the daily ROI exceeds the relative price decline.

As with any worthwhile endeavour, the early bird gets the worm. Another price increase of 600% is improbable for Titano since it has been available for more than four months. But nobody knows how much higher it will go given that the price is practically at its record high.