When Merlin was first launched, it quickly became popular in the Chinese circle.
It’s just the Chinese circle.
A few months later, the popular Merlin was scolded like a dog
There are several reasons:
First, the Merlin tokens obtained by staking were not as expected. They opened high and went low. The highest price reached 1.78 when it was launched. It fell every day for ten consecutive days and fell to 0.68 at present.
This is still the case when the tokens are not fully unlocked. The unlocking mode of Merlin staking is also linear unlocking.
Second, the pledged sats, ordi, voya and other tokens were pledged at high levels and unlocked at low levels, resulting in huge losses for retail investors.
There are rumors that the Merlin project may be suspected of selling high and buying low the tokens pledged by users, which caused the above tokens to plummet.
As evidenced by the facts, the above tokens all suffered epic market crashes before they were unlocked.
Before, I kept telling you about the staking scam and the on-chain projects with gas fees.
Only the Merlin chain that ran fast in the front escaped!
If you are confused at the moment, don't know what currency to buy, and don't understand the market, you must choose carefully. You are also welcome to join the village and follow us #ETH #ETHFI🔥🔥🔥 #BTC #反诈小贴士
