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InSure Defi - $SURE

It is a "defi crypto insurance". You just have to hold the coins in your wallet and you will be insured in case of loss of funds. They cover scams, massive devaluation, and glitches. I like the idea, in theory. I had never seen a coin like this before investing. Since investing I have seen a few other defi insurance coins. It looks like only about 700 people hold the coin. I can't tell if I'm early, or stupid. There is about a 100mil market cap. They have small engagement online, but in dealing with the employees they seem genuine, and the partnerships they have announced are in fact real, like the recent partnership with Chainlink-$LINK. I started to provide liquidity to benefit from their rewards system, but after like 4 only days of providing liquidity, the price changes have resulted in me losing like 10% of my holdings. So I withdrew my funds. Idk, it all looks legit, but it feels like their is something weird going on that I can't quite put my finger on. Any help or thoughts would be appreciated. Thanks yals

TL/DR: Is InSure Defi - $SURE a shit coin and did I waste my money by purchasing it?

Their website:

https://insuretoken.net/index.html

InSure Defi - $SURE It is a "defi crypto insurance". You just have to hold the coins in your wallet and you will be insured in case of loss of funds. They cover scams, massive devaluation, and glitches. I like the idea, in theory. I had never seen a coin like this before investing. Since investing I have seen a few other defi insurance coins. It looks like only about 700 people hold the coin. I can't tell if I'm early, or stupid. There is about a 100mil market cap. They have small engagement online, but in dealing with the employees they seem genuine, and the partnerships they have announced are in fact real, like the recent partnership with Chainlink-$LINK. I started to provide liquidity to benefit from their rewards system, but after like 4 only days of providing liquidity, the price changes have resulted in me losing like 10% of my holdings. So I withdrew my funds. Idk, it all looks legit, but it feels like their is something weird going on that I can't quite put my finger on. Any help or thoughts would be appreciated. Thanks yals TL/DR: Is InSure Defi - $SURE a shit coin and did I waste my money by purchasing it? Their website: https://insuretoken.net/index.html

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[–] • 1 pt

I can't say I know for sure, but I have a hard time believing that anyone's going to insure against massive devaluation, particularly in a market as volatile as crypto.

Don't take my word as expertise, but it smells like a scam.

[–] • 0 pt

That was my take. Say blockchain and people will throw money at you in the current climate

[–] • 0 pt

Yeah me too, but they are not the only coin out there that is claiming to do this, and some of the other coins have some pretty big time backers and a decent amount of publicity/hype. So it definitely seems like something they're trying. Idk if it is plausible tho.