๐จ Are Dex Screener Boosted Tokens a Risky Bet for Traders?
A recent investigative report raises serious concerns about the Dex Screener boost system, revealing some surprising insights that traders should know before diving in.
๐ Key Findings:
* Boosted tokens showed an average loss of 48% for traders.
* Tokens with over 3,000 boosts consistently lost value.
* Smaller boosts (600โ1,000) performed better but still pose risks.
โ ๏ธ The report questions whether the boosting feature amplifies pump-and-dump schemes, benefiting developers while leaving retail investors to bear the losses.
๐ก Why It Matters:
Dex Screener, a popular platform for DeFi analytics and real-time blockchain data tracking, is widely trusted by traders. But this report highlights how its boost system may be fueling manipulation, potentially hurting those relying on its tools.
๐ Read the Full Analysis
Before you trade that "trending token", get the full breakdown of the risks, findings, and key recommendations. ๐
https://theholycoins.com/blog/dex-screener-boost-report-are-boosted-tokens-a-trap-for-crypto-traders
