Looking for a coin to GAMBLE on, I suggest TINC (Tiny Coin). It's the main token of the popular play-to-earn game TinyWorlds.io that recently ran into some trouble with it's devs and dumped around 80%. For a more detailed explanation check out the post linked below but the TLDR is that the devs moved around 700k$ worth of tokens out of the DAO wallet to another wallet and went silent. The main rumor is that they got arrested by the Chinese government because crypto is somewhat illegal in China atm. Since then there hasn't been any news aside from the rumor that the devs allegedly hired 2 lawyers to fight their case and that according to Chinese law "a detention investigation can take up to 37 days before a decision is made as to whether the person has violated the law" and the 37 days are set to expire around the end of this month. So the play is to buy now and hope the devs return, if they return the price is very likely to pump a few x, if not it will probably slowly bleed to 0. THIS IS NOT INVESTMENT ADVICE, THIS PLAY IS 100% GAMBLING!

Reasons I think it's a rug pull:

1. This is crypto and if the devs move the DAO funds and go silent, 99.99% of the time it means it's a rug pull.

Reasons I DON'T think it's a rug pull:

1. Until recently, for around 2 years, the development was very active, not just empty promises like most rug pull projects are. The devs were constanlty releasing new features, improving existing ones and fixing bugs.

2. They didn't dump the TINC, they moved wrapped BTC, BNB, EHT, USDC, USDT tokens but not the TINC from the DAO wallet and they could have made a few more 100ks$ if they dumped the TINC as well.

3. If they were planning to rug they would have done it sooner when TINC was signifincally more expensive, around the launch of the game, and could have made away with a few million $ not just a few 100ks$.

4. The funds that were moved from the DAO wallet haven't been spent yet, they are still sitting in the new wallet.

#crypto #cryptocurrency #crypto2023