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Is this “project” a scam?

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by COINS NEWS 88 Views

As the title says, but I don’t have the knowledge to know what’s odd about the project. (I won’t post the name of the project unless asked in DM because I don’t want to make promotion for it).

This project is going on for several (~4) years already and every time in the TG they’re having problems, and they say all the time “bUt yOu jUsT hAvE tO Be PatIeNt”. I got lucky that I’m sceptical about that bs and that I never got in.

So this “project” has a bad DEXTools score, got like 2,5M mc, around 10k in liquidity (lol) and a total supply of a bit less than 40M. I’m checking the charts every now and then. And then I saw that someone sold for around 20$ and the price went down for around 5%…

how is this ever possible? My knowledge about DeFi is too low to understand what’s wrong. But I have a gut feeling that the owners are doing some weird trick.

submitted by /u/IndustryOwn2613
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