Tracyit ππ©βοΈ
@tracyit
HELP I'm so confused Help me understand. I saw this shill and a few frens jumped in so I was gonna too. But I got there and saw all sorts of red flags -low liquidity (in fact no initial LP) - top 10% of holders own more than 50% - Mint function is not disabled. so more tokens can be created anytime - Dev tokens are still in play On the other hand so many BC holders are in, and the first 70 buyers looks dreamy and only 4% are insiders
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Mikado
@mikadoe.eth
I have no idea what all this means but I hope it's safe cause I sold everything else and went all in on this π
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Breech π©πβοΈ
@breech
NGL, you should NEVER go all in on a random new launch, whether it's from a public figure or not. This was a very low effort launch and they made a fortune from people FOMO'ing in. Couldn't add liquidity, didn't even pay for dexscreener, along with a lot of other red flags as shown in @tracyit's OP. Hopefully it's not a large sum of money, and who knows, maybe it'll work out, but you should refrain from FOMO'ing on that level in the future fam. π
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Kat π©π₯
@katwolfie.eth
It was a train wreck. My swaps failed since there was no liquidity on mainnet. So now I just have Cinz balls in my wallet π
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Mikado
@mikadoe.eth
No liquidity on mainnet? There's no liquidity on solana either.
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Kat π©π₯
@katwolfie.eth
Thereβs a little now, but gas fees are no longer worth it to trade. The project is really active on x and telegram. It could pop off in the future, but I donβt expect anything to happen soon.
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