(Do you remember SQUID GAME)This is the Scam many of you will fall into and after which you will go and price a Lambo not knowing you have been scammed....Experience traders are not left out too.
if you've been in crypto space for the last 4yrs you would remember Squid game token...made from the popular Squid game movie..people bought this token and within a short time they had more that 500x if am correct..
The coin never dipped it kept on pumping...but for some reason they could not withdraw..they were told its to secure more profits, blah blah blah..
But actually...it was a Honey pot scam..here is what it means...a token is created, then the Blockchain command enable only one sided transaction...more like various channels entering the ocean...
Anyone can buy but only the initiators of the smart contract can sell...you will see the token increasing, but you can't sell... this will spring up in this period especially in the Dex exchanges...so you have to import.
You can actually spot it...How to spot it in the next post...follow if this helps..
have you been a victim before?
