Tracyit 🍖🎩Ⓜ️
@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 🙈
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Breech 🎩🍖Ⓜ️
@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. 💜
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Mikado
@mikadoe.eth
yeah I have no idea what I'm doing and I've been lucky so far. I should stop.
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Tracyit 🍖🎩Ⓜ️
@tracyit
You don’t need to stop you need to study a little 🤍 It’s pretty easy to spot the red flags and move along, it’s harder when there are no red flags to decide if it’s going to moon or not
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