$Distorted 🚨🚨🚨
EPuZ1X6pPzac3ELPsT59LStmgaSr4kBJvaAbL15Fpump
So now is it clearly a scam?
Is it over? I'm distorted here!😂 https://t.co/XKxifQGUve
$Distorted 🚨🚨🚨
EPuZ1X6pPzac3ELPsT59LStmgaSr4kBJvaAbL15Fpump
So now is it clearly a scam?
Is it over? I'm distorted here!😂 https://t.co/XKxifQGUve
$Distorted 🚨
EPuZ1X6pPzac3ELPsT59LStmgaSr4kBJvaAbL15Fpump
Sorry, I’ve been very busy the last few days.
The chart looks nice. 11K holders, so it’s big.
I'm late so I can’t tell you 100% sure it’s a scam bcz I didn’t track it since launch.
A few things I can tell you:
1️ - There were many big snipers at launch - likely the same person: the dev
2️ - He is a professional creating thousands of coins and knows how to pump and dump. You can check his profile on https://t.co/dvV7o739Uh or GMGN.
3️ - It’s a 3-day-old coin - enough time for them to make the Bubblemaps look clean and rotate/change wallets.
Unlikely a hard rug, could be a slow one.
Be careful. 🚩
Listing on exchanges as a low cap token is often a waste of time
Most exchanges only care about collecting trading fees. They don’t care about the long term success of the token
In many cases, low cap tokens generate far more trading activity on-chain than on centralized exchanges
Take $DISTORTED as an example
On its first day listed on MEXC, the 24-hour trading volume on the exchange was about $150K
Meanwhile, the on-chain volume was around $4M
Even today, MEXC shows roughly $205K in 24-hour volume, while on-chain trading is still about $2.7M
For many low-cap tokens, price discovery and real liquidity happen on-chain, not on centralized exchanges
$Distorted 🚨🚨🚨
I think most of the 10.5K $Distorted holders are now looking really distorted! 😅
👉 The first reality is that only a few were really lucky and aped in early. Most of these 10.5K just joined the hype.
👉 The second reality is that there are STILL lots of new fresh wallets funded by CEXs like Binance or bridgers like deBridge in this coin. Some belong to real holders like you, but most belong to the scammers.🚩🚩🚩
$Distorted 🚨
EPuZ1X6pPzac3ELPsT59LStmgaSr4kBJvaAbL15Fpump
Sorry, I’ve been very busy the last few days.
The chart looks nice. 11K holders, so it’s big.
I'm late so I can’t tell you 100% sure it’s a scam bcz I didn’t track it since launch.
A few things I can tell you:
1️ - There were many big snipers at launch - likely the same person: the dev
2️ - He is a professional creating thousands of coins and knows how to pump and dump. You can check his profile on https://t.co/dvV7o739Uh or GMGN.
3️ - It’s a 3-day-old coin - enough time for them to make the Bubblemaps look clean and rotate/change wallets.
Unlikely a hard rug, could be a slow one.
Be careful. 🚩