I wonder how much money the project developer spent on 2 Idols to implement this campaign. But I see quite a few strange points and countless RED FLAGs!
👉The project's Tele channel seems to have a lot of interaction, but channel X is always empty. The project also deleted all old posts.
![](https://public.bnbstatic.com/image/pgc/202407/65996b5abfec67588806f29bfc58f03e.jpg)
👉The developer declares a disclaimer, saying WATER is just a fun memecoin, with no applications or promises of profit. However, the project homepage aims to turn WATER into a prominent currency in the field of environmental protection. Along with that is the plan to raise charity capital, sponsor global initiatives and research? => Is there any contradiction here?
![](https://public.bnbstatic.com/image/pgc/202407/7b22b06fa24205e61a45aeefc8fa1463.jpg)
👉Another somewhat... funny point about WATER is the roadmap. The project roadmap does not have a specific timeline for the plans. In particular, cooperation with leading KOLs, which is located in the final step of the roadmap, is being enthusiastically implemented. While many plans at the top of the road map such as CEX Tier1 listing, releasing NFT collection... are still left open.
![](https://public.bnbstatic.com/image/pgc/202407/1c8ea01d52682a90e5c6953303b31eaf.jpg)
👉Currently, there are wallet clusters holding more than 35% of the total WATER token supply. => I agree that it often happens that MM or a project holds a large amount of tokens, however, I do not support the trick of dividing into many wallets to blind investors, and at the same time having shady actions of transferring tokens between wallets. like now.
![](https://public.bnbstatic.com/image/pgc/202407/6a909d87c7720f36f898477dd83c931b.jpg)
👉Finally, unlike Messi, Ronaldinho has been accused of marketing for "bad" projects, causing investors to lose money. This was discovered by onchain detective ZachXBT on X. In my opinion, this is the biggest RED FLAG for WATER.
💵In short, you need to pay attention if you want to invest, the top altcoin on Binance is still very high, what can you say about memecoin with a small capitalization like this ~ ~