I would like to share with you the reasons why you should avoid using AB刷.
Essentially, these types of projects belong to typical single-machine coins, where 99% of the tokens are held by a few parties. Imagine how you would operate if you were in such a position of control?
Due to the lack of other liquidity outlets, alpha has become the only trading channel. The project's strategy is obvious: create a buzz, drive up prices, attract attention and trading volume, with the ultimate goal of executing a harvesting plan!
As for the endorsements from those political figures, they are purely gimmicks. Some former foreign officials are willing to provide platform services for just a few tens of thousands of dollars. Friends who do not believe can verify the financial status and sources of income of some former officials after their departure, and the truth will be clear at a glance.
Especially those projects issued by small countries, whose jurisdictions have a population even less than that of certain cities in China. A little investigation will reveal that the production cost of many project official websites may only be around 5,000 yuan. By stripping away the superficial glamour of these projects, one can see the enormous risks within. I have personally experienced at least eight failed cases of celebrity-backed token projects.
This is not a criticism of a specific project, but a risk warning based on experience.
Follow my shares. While I can't guarantee that you will make a profit, at least I can help you reduce unnecessary losses!
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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NftMetaversePainter
· 4h ago
Game of ponzi
Reply0
StableGenius
· 4h ago
That really hits the nail on the head.
Reply1
MidnightGenesis
· 4h ago
In simple terms, it refers to the small market maker and the large market.
I would like to share with you the reasons why you should avoid using AB刷.
Essentially, these types of projects belong to typical single-machine coins, where 99% of the tokens are held by a few parties. Imagine how you would operate if you were in such a position of control?
Due to the lack of other liquidity outlets, alpha has become the only trading channel. The project's strategy is obvious: create a buzz, drive up prices, attract attention and trading volume, with the ultimate goal of executing a harvesting plan!
As for the endorsements from those political figures, they are purely gimmicks. Some former foreign officials are willing to provide platform services for just a few tens of thousands of dollars. Friends who do not believe can verify the financial status and sources of income of some former officials after their departure, and the truth will be clear at a glance.
Especially those projects issued by small countries, whose jurisdictions have a population even less than that of certain cities in China. A little investigation will reveal that the production cost of many project official websites may only be around 5,000 yuan. By stripping away the superficial glamour of these projects, one can see the enormous risks within. I have personally experienced at least eight failed cases of celebrity-backed token projects.
This is not a criticism of a specific project, but a risk warning based on experience.
Follow my shares. While I can't guarantee that you will make a profit, at least I can help you reduce unnecessary losses!