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0xsun Sun Jialiang shouted, is there anyone who has succeeded in protecting their rights with SHAR?
Currently, there are domestic victims who have reported to the police.
Why not buy some #LMQ or #starlink ?
On the night of October 23 to the early morning of the 24th, the Shar project skyrocketed to nearly 60 million USD, then plummeted 96% in five minutes! All of this was due to a big player selling 500 million SHAR at once, which is half of the total supply! According to the folks at Lookonchain, this trade was orchestrated by an insider trader. At 5 AM on the 24th, he consolidated SHAR from over a hundred wallets into one wallet, then sold them all at once.
You ask how this project suddenly became popular? Actually, it relied on riding the coattails of well-known institutions' popularity and finding some famous KOLs to advertise for it, which deceived so many people's trust.
I don't want to name that big influencer, but anyone who knows understands; anyway, a KOL with over 100,000 fans also promoted it with two tweets, which have now been deleted.
In fact, these false promotions, riding on well-known institutions, and finding KOLs for advertising are not costly. If the promotion fee is paid in SHAR tokens, then for the project side, it’s basically a case of getting something for nothing. Now, there are domestic victims who have already reported to the police.
