Beware of altcoin scams! Be careful that the goods will hit you in the face and you will lose another four years! 🤮

After Binance announced yesterday that it would delist $Ren, the $Ren project party tweeted for the first time in 10 months, and the first tweet said "v2 is coming soon".

The market is good, and the team that did not operate the project before has changed the dealer and the developer, and the market has been pulled up, and they are out to cut leeks again.

Recently, many old projects are pulling up the market, and the classic representative is the Metaverse project such as Mana. These old currencies are not popular in this bull market, and everyone is very disgusted with VC coins in this bull market.

So everyone is selling altcoin VC coins. This is because the project party has concentrated chips in his hands, so he can quickly raise the price of the currency when the market is good, attract leeks to get on board, and then gradually ship them.

Once the coins of these old projects are shipped, they may have to wait for the next four years to pull up the market.

If you want to chase high prices, you must consider the following:

1. What is the narrative valuation of this coin? Will it be pulled up later?

2. Is the project team still working? Will it be soft rugged after the pull?

If these two answers are no, I don’t recommend you to chase high prices!