Crypto Check - MTG Coin
Yesterday I heard of MTG coin. A new defi coins who like any other coin showing lot of promises. More Importantly, I notice it's price moving upward very sharply....in 3 days it moved from INR 3.80 to INR 5.35 and today it is trading at INR 7.999 (approx 0.126 $).
The major issues lies with its legitibility and acceptance. What seems to be an lucrative Indian coin might ends up with some ponzi scam....I checked upon all major exchanges, but it is not trading anywhere. The website give reference to some of the exchange which I never heard before neither any mention except #pancakeswap, however the coin is not found in long list of #pancakeswap. Top Indian exchanges like WazirX and Zebpay are no where in the trading list.
The company white paper does have some important points and project which may inside investor consider this coin . Looking at them, it looks to be quite promising project. However as I said before I am completelly zero about its acceptance in bigger platform. The coin which is built on BEP20 Binance chain can't be found anywhere, but looking at the sharp price rise, I just interested to make some investment. May be a little one to see my wealth growing.
Before taking a risk, I am just wondering, how safe it will be to trade on such coin which can't be found in any of the bigger crypto exchanges, still it has promises and price rise that pull some investors.
Anyway, if anyone can found this on #pancakeswap let me know. I think it could be a better place to take risk on this coin. I am leaving company website link for further references. In case you find it worth, let me know as well.
Website :https://mtggold.com/
It's always advisable to be safe from ponzi things.
Peace
Namaste @steemflow
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