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❌❌To avoid being deceived ❌❌ ❌Do not believe easily ❌Do not be in haste ❌ Do not be drowsy and ❌ Decide everything with your own mind
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Countless Scams and Rug Pulls🔈🔈🔈💹 With the development of DeFi and Dex, anyone can provide liquidity for tokens on a Dex, so investors should be extremely wary of scams and rug pulls. Scams refer to fraud to win your trust in an inactive project team; rug pulls refer to a project team deceiving investors by draining liquidity or absconding with investors money to have a negative influence on the currency price. Some projects seem to be safe and trustworthy. However, we may find the team becomes gradually inactive and provides fewer updates in the community group after we have invested in it. There are also many project teams absconding with money when they have enticed enough investors. Among them is the big Squid rug pull event, which results in the currency price instantly dropping by 99% from 3,000 to 0.0033. The team announced that the project had been hacked initially but refused to respond to investors doubts and closed all community groups later on. For these altcoins that have no value any longer, people usually call them in derogatory words such as Shitcoin, referring to projects that lack real use cases and have unrealistic ideals.💱💹♻♻ Have you ever been scammed like this yourself? If so, tell others about you.👇👇👇
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GoodLuck My Friends MNQP6E3O #FreePavelDurov
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