Crypto Play of the Week: Million Token (MM)

These days much of the cypto market is made up of meme coins with dubious origins, dominated by large anonymous whales. Yet they outperform legitimate tech projects by huge margins. And then there's Bitcoin, the behemoth which forces every other coin to dance to its tune.

But what if there was a token that wasn't affected by Bitcoin's hold on the market, backed by a solid community of tech enthusiasts in it for the long haul?

Enter Million Token, founded by ex Google and Facebook programmer Patrick Shyu aka 'Tech Lead' host of a programming and personal finance based YouTube channel with over a million subscribers.

Shyu put $1m of his own money into the project which saw the creation of a million tokens with a minimum value of $1 a piece. Since then the token has gone viral in crypto investing circles and was picked up by the tech community surrounding his youtube channel who have built a website and development ecosystem around Million Token .

With just over 10,000 holders and a current market cap of $200m MM is only at 1% of the value of meme coin Doge at its peak. It is yet to be listed on any exchanges and can only be bought via the decentralised platform, Uniswap. It isn't difficult to imagine 50-100x gains on this one once the big exchanges get involved.

With the wider crypto market in sustained bear territory, opportunities such as these in 2021 will be as rare as hen's teeth. As usual, only invest what you can afford to lose and see you at the Jacuzzi Bar on the Moon!