Just witnessed a masterclass in how NOT to launch a token.
A project that secured $10.1M in funding somehow managed to:
→ Push back their token generation event without maintaining momentum → Roll out a claim portal that straight-up broke → Conveniently enabled short positions RIGHT before going live
The timing on that last one? Chef's kiss level of suspicious.
When you see this combo of hype buildup mixed with execution failures, someone's usually profiting from the chaos. And it's rarely the community holding bags.
Another day, another reminder to watch what projects DO, not what they promise.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
MEVSandwichVictim
· 12-11 18:16
It's the same trick again. Raising over 10 million and still able to pump like this—truly amazing.
View OriginalReply0
GweiWatcher
· 12-11 18:07
Can't even finish writing this script, and after raising over 10 million, it’s still so lousy?
View OriginalReply0
Ser_APY_2000
· 12-11 18:04
Damn, I've seen this tactic too many times. Raising that much money and still messing up—it's truly unbelievable.
View OriginalReply0
blocksnark
· 12-11 18:03
Another abandoned project, this time with millions in funding.
View OriginalReply0
JustAnotherWallet
· 12-11 17:57
ngl, this move is really awesome. Borrowed 10 million and still causing so many trouble.
View OriginalReply0
ParanoiaKing
· 12-11 17:52
Another textbook-level rug pull rehearsal, turning a 10 million funding into a complete scam coin teaching case.
Just witnessed a masterclass in how NOT to launch a token.
A project that secured $10.1M in funding somehow managed to:
→ Push back their token generation event without maintaining momentum
→ Roll out a claim portal that straight-up broke
→ Conveniently enabled short positions RIGHT before going live
The timing on that last one? Chef's kiss level of suspicious.
When you see this combo of hype buildup mixed with execution failures, someone's usually profiting from the chaos. And it's rarely the community holding bags.
Another day, another reminder to watch what projects DO, not what they promise.