3 reasons to stay away from Paragon Coin

Alpha Cube Capital
1 min readSep 25, 2017

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The hype is real and this is why you should avoid it.

You don’t want to become involved in a coin that is overvalued and is filled with nothing but FOMO. This coin screams every red flag possible.

Reason #1:
The top ICO review sites reveal the truth about the Paragon Coin ICO and both stand by a similar outlook. All points stated in these analysis are more than valid.

https://www.verifiedicos.com/ico/paragon-coin
https://picoloresearch.com/26/paragon-pgn
https://www.valforex.com/2017/08/paragon-coin-review-is-paragoncoin-com-scam-ico.html
https://www.youtube.com/watch?v=rUltf4O3pGo

Reddit Manipulation Proof:
https://www.reddit.com/r/ethtrader/comments/6w60wr/paragoncoin_is_a_scam_where_did_that_post_go/

Reason #2:
Huge lack in blockchain initiative. Although the problem they mention exists, this is an every day problem in ALL industries. When you go to McDonalds, do you know where your beef comes from? Well you can make a blockchain for that too!

Reason #3:
There is way too much hype in this coin and they are looking to raise a ridiculously high and unnecessary amount. By the time it hits the exchanges it will end up like EOS and ICO participants who hold too long will get destroyed. The only people who will profit from this is the Paragon team themselves.

All in all, I’m not going to say don’t invest in this project… But be aware of the valid issues within this token sale.

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