Thoughts on Monero Gold?

So I was looking for newly added coins to hit the exchanges this morning hoping to find some bargains during this massive dip and came across "Monero Gold"xmrg. Right away Im seeing some red flags with this , for one that I don't think its a fork or has anything to do with Monero , they are a ec20 token , team seems small , not a fan of theyre domain name , and unable to find much if any conversation about them on reddit , telegram , or youtube but seems as though they have a little buzz on twitter atleast and the website looks ok and functions even though the white paper is very generic. Anyhow I figured it was worth grabbing a few hundred at 5 cents since they have a pretty low circulating supply at only 21 million I could see it potentially surging sometime this year , possibly. Just wondering if anyone else has looked at these guys and what your thoughts are on them.

That`s another Lambos boy dream.

HODL UNTIL END OF THE WORLD!!!!!

where can we buy it ?

Tether trick is getting old, now everybody is playing with gold
So many coins rerecently are geting "backed" by gold
If we where continue this road, crypto will be fucked.
Bitconect, Tether, now all these gold coins...

Lol yea I def see them as a lambo moon pipe dream coin , not dropping more than 50 bucks on them , they fall into my "lotto ticket" category of coins with no tech or promising long term future drop a few bucks on them and forget , they may possibly have a good day a few months from now and surge when the market is up or when Monero is having a good day / week from some sort of news or buzz , cash them out and keep it moving. But yea @LostKing I'm noticing the gold trend too lol , and @NProductions so far only coinexchangeio

rwjpfinancial said:

Lol yea I def see them as a lambo moon pipe dream coin , not dropping more than 50 bucks on them , they fall into my "lotto ticket" category of coins with no tech or promising long term future drop a few bucks on them and forget , they may possibly have a good day a few months from now and surge when the market is up or when Monero is having a good day / week from some sort of news or buzz , cash them out and keep it moving. But yea @LostKing I'm noticing the gold trend too lol , and @NProductions so far only coinexchangeio

Click to expand...

Just Bought 3000 XRG ~

I didnt thought of anything .... i don't know the market... i am an idoit & i just bought it.. Lets See ~