What is Comodo Coin?

The Comodo coins aims to help the Komodo dragons once 50,000 holders are reach, the developers are going to develop $100,000 to the komodo dragons charity foundations. Don't get confused with the Komodo (KMD), these are totally different altcoins. Launched on the 6th of August 2021, its a new and upcoming altcoin that could potentially go up to 100x in price. The developers claims "Comodo Coin is all about spreading the Comodo Dragon love. The team puts community first with a competitive rewards plan for long term holders. Comodo Coin is also committed to providing its community with transparency and fairness. We prioritize our holders but we never forget that this project was born out of a genuine social".

Liquidity Locked Till 2045

If you believe about this coin in the long term then this coin is for you. All tokens will be on DxSale to provide an equal opportunity for all investors Liquidity locked for 24 years end at 17 Aug 2045.  "Liquidity locked" refers to exchanges like pancake swap where there is a "liquidity pool" that the devs deposit into and then burn their liquidity tokens to an address where they can't be recovered.. guaranteeing the ability to trade on that exchange, all the way to 2045. The Comodo Coin is a deflationary token which means If the total circulating supply of a token is constantly being reduced to the predetermined amount then that token we call a Deflationary token, on the other hand, inflation is adding more of that token to its circulating supply. Basically the opposite of tokens like bitcoin where the more bitcoin goes into circulation to higher the inflation, therefore coins like bitcoin have forks to ease the increase of inflation.

Should you Invest?

Currently there is a presale event happening on Pancakeswap which you can buy the tokens, futhermore if you head over to their website you can see an entire layout roadmap available to check out all the upcoming changes and updates that the developers plan to happen. In my opinion, investing in brand new coins like these are relatively risky because its brand new and the fundamentals are not yet structured. However high price fluctuation (up to 100x) of the coin in early stages can either bag you a lot of money or may make you lose a lot of money. Check out more on their websites, it seems like a pretty solid altcoin to invest in.