I will say NO, please see the fig
During the period of August 2022 to December 2022, there was a significant drop in the price of BTC, causing most altcoins to reach their all-time lows (ATL). However, the price chart shows that this is not the case for the altcoin in question.
Furthermore, the trading volume during this period was higher than the volume in 2023, a time when the market was more active. The sudden drop in volume towards the end of 2022 (see fig) suggests that there may be an issue with the Market Maker services provided by the project.
The altcoin's price has recently confirmed its ATL as of June 11th, which is unusual given the current market conditions. This may indicate that there is a problem with the project, such as issues with tokenomics or with holders. It is worth noting that the project's investor is Animoca Brands, a venture capital firm known for engaging in pump and dump activities.
Considering all of the above, I would recommend avoiding this project. Show Less
