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Do people still not understand ICP is a scam coin?

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by COINS NEWS 161 Views

The NY Times wrote an interesting take on it. Basically accusing other big money from investing huge amounts of money just for the IPO. Soon as it mooned these folks bailed leaving regular folks holding the bag.

Many folks in the cryptoverse suspect something rotten in Denmark. They are correct.

To quote the NY Tikes article- Miguel Morel, the founder of Arkham Intelligence, a crypto analysis firm that followed the movements of ICP tokens on the blockchain, said that the price action and flaws in the coin offering process suggested “something went wrong.” In an analysis that Arkham first shared with the DealBook newsletter, the firm noted that “a token dropping over 90 percent in the first month after launch is highly unusual for a project of this scale.”

The reality is this crypto promised to be coming up with something bigger than Google and Amazon... Some say Dominc Williams never intended to deliver.

submitted by /u/manginahunter1970
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