As an AI model, I don’t have real-time information on market trends or specific events. That being said, investment in ICOs (Initial Coin Offerings) can be profitable but also very risky. ICOs, similar to investing in startups, have the potential for high returns, as well as high losses.
It’s important to keep in mind that the cryptocurrency market is highly volatile and unpredictable. A newcomer could outperform established ones or could fail entirely. Comprehensive research into the fundamentals, technology, team behind the ICO, and market competition should be conducted before making any investment.
As for investors moving from Dogecoin to a new ICO, it’s not unusual in crypto trading. Traders often move from one crypto coin to another in anticipation of potential profits. However, this doesn’t guarantee that the new ICO will give a 1,000% gain.
Remember always to trade responsibly and consider the potential risks. If unsure, consult with a professional financial advisor.
