Starknet/SUI/SEI/Manta - one manipulation scheme.

Unfortunately, recently, more and more large projects are starting to choose semi-fraudulent schemes of manipulating their tokens rather than a long-term development strategy.

The scheme is very simple: make a fake airdrop on a "large" number of wallets (half of which are your own) - show a large TVL on paper - convince everyone that the token is popular - and having the majority of tokens on their wallets manipulate the price by arranging pump - dump - pump. This is possible only by having the majority of tokens on their wallets.

$Sei is a prime example. They once had a massive campaign to attract testers to their testnet. Afterwards they said they gave away airdrop to hundreds of thousands of accounts, but nobody saw them. And now we're seeing the token go up. That's because there's no one to sell it to! #Manta did the same trick.

You can see all this just by looking at the activity on blockchains. It's minuscule.

In comparison, there is a perfect example of an honest airdrop - it's Arbitrum. They gave out 600 thousand wallets and all of them are currently active and the TVL of the blockchain is the biggest. That's it! Neither sei, sui or manta has enough users. Their blockchains are half empty!

Now what #Starknet have done. They allocated half of their tokens to Starkware. And this is a test network from 2 years ago. There couldn't possibly be that many users! Arbitrum gave out almost all of their active users and it came out to 600,000. And Starkware wants to say that an unknown testnet 2 years ago had more users than #Arbitrum? That's a blatant lie!