A recent surge in $GFT's value, with gains of up to 400%, has raised suspicions. It appears that some individuals may have artificially inflated the price to make a profit, with the intention of selling off their tokens and potentially leaving other investors with significant losses.
Red Flag: Sudden Increase in Token Supply
The Gifto team's decision to create 1.2 billion new $GFT tokens in a single day, effectively doubling the total supply, has sparked concerns. This move may be an attempt to manipulate the market and dump tokens on unsuspecting buyers.
Caution Advised
Investors are advised to exercise caution and carefully evaluate the situation before making any decisions.
