I just saw that Coinbase's first ICO project $MON has issued tokens, raising a total of $110,000, with an allocation of $57,517.68, giving out 2.3 million coins. To be honest, I am still a bit worried. With such a high allocation rate, I am concerned that I won't make a profit. I originally wanted to hedge, but then I thought this is Coinbase's first project, so it shouldn't be too bad, right?

It seems that the opening time hasn't been set yet, and the paper profit is less than 40%. Actually, I would be satisfied as long as I don't lose money on this one. I initially thought that investing $110,000 would yield at least $10,000, but the fundraising situation is so poor. Fortunately, it didn't fill up completely; if it had, I would really be hurting.

I hope this investment doesn't result in a loss. 🥹

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