While Snake Token Rallies Up 30,000%, Crypto Experts Say It's a #Scam – Here's the Next #Crypto to Explode
As DEX coins continue to pump outlandish gains, Snake token has emerged as the latest overnight success - posting a whopping +30,000% in just 26 hours.
But concerned analysts are now highlighting the project as a likely scam - leaving some to wonder whether it could dump in the near future.
Popular #honeypot detection tool Honeypot.is reveals significant red-flags for this project, noting extremely high taxes on #SNAKE token transactions (100% sell tax) - combined with low liquidity - bastions of holders could have lost all their money.