Rocky Rabbit: Unveiling the Scam Through Calculations 🐇💔 Total Users: 25 million participants.
Transaction Amount: Each user charged $2.50 (0.5 tons). Total Amount Collected from Users:= 25,000,000×2.50=62,500,000USD Total Tokens Distributed: 10.5 trillion tokens.
Estimated Market Price of Tokens: $0.0000067 per tokensTotal Value of
Distributed Tokens= 10,500,000,000,000×0.0000067=70,350,000 USD Average Tokens Received per User = 10,500,000,000,000 ÷ 25,000,000= 420,000
Tokens Total Value Received by Each User= 420,000×0.0000067(Approax price per token )= 2.814 USD
Summary of Findings 📊 Total Amount Collected from Users:$62,500,000Total Tokens Distributed: 10.5 trillion tokensTotal Value of Distributed Tokens: $70,350,000Average Value Received by Each User: $2.81 User Effort and Rewards 💼 Participants invested significant time and effort into the project, hoping for meaningful returns. However, after all the commitment and hard work, they received only $2.81 worth of tokens. This stark contrast raises serious concerns about the fairness and integrity of the Rocky Rabbit project.
Analysis and Conclusion 🔍 While Rocky Rabbit collected a staggering $62.5 million from participants, the total value of the distributed tokens at the estimated price of $0.0000067 is only $70.35 million.This massive disparity highlights that Rocky Rabbit likely operates more like a scam than a legitimate investment opportunity, aiming to exploit unsuspecting users.Give your opinion 👇 👇
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#Bitcoin2024 #2024bitcoinhalving : The BTC halving in April 2024 is anticipated to push prices, but uncertainties in the ETF approval process and potential sales pose risks. So there’s possibility that it will hit $40k
#BitcoinPriceUpdate Current value of 40000 BTC in NGN is 1,079,268,080,000 NGN In a month or two, bitcoin might reach $40,000 so y’all should trade wisely.
For now, Bitcoin is holding steady above $36,400 which is a good sign. The volume has also seen a 39% increase, bringing it above the $18 billion mark, suggesting that investors took advantage of the dip to load their bags. If the excitement surrounding a possible Spot BTC ETF sustains, then the price could resume its uptrend above $37,000 soon.
Why Bitcoin Price Dropped Down To $35,000 in the last few days
On Monday, the Bitcoin price began a spiral that saw it drop as low as $36,200. Naturally, this caused a stir in the crypto community which was starting to get used to the recovery trend in the market. The price has begun to increase once more, but what caused the plunge to $36,200?
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