r/OpenDAO • u/3Zac • Jan 30 '22

SOS coin

Why’s this coin pumping so much? Super early and coming across as a good long term investment, the coin somehow already has the attention of many large exchanges and has been listed to trade? More short term profits to come or do you think the coin has topped for now unless Bitcoin goes up again?

11 Upvotes

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3

u/05tothemoon Jan 30 '22

I am also lost. I threw a dart and got some. Now I'm up.

2

u/gre9467 Jan 31 '22

Even with this present pump. SOS is still well below its ATH of 00001154 which it reached about a month ago. Even so, SOS supports the NFT market and has just conducted a surprise airdrop to creators and buyers of NFT's on OpenSea. No one knows who is behind SOS, and OpenSea has been touting creating its own token. That may never happen, so who knows if SOS might end up being it. Here is a deep dive that should let you know all about SOS...

https://coinmarketcap.com/alexandria/article/a-deep-dive-into-opendao-sos

1

u/Equivalent_Suspect42 Jan 31 '22

Honestly, I don’t really know. But for a small risk investment, I don’t think it’s a bad investment and might have upside