Post
Topic
Board Altcoin Discussion
Re: Beware - Resurgence of previously inactive projects
by
bitsurfer2014
on 01/07/2019, 13:28:11 UTC
There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

It could also be a sign of a meaningless pump and dump - if a coin is rising dramatically for no apparent reason, don't just jump in out of FOMO. Pump and dump manipulation is common amongst lower cap coins.

Its very possible that these projects are being revived to cause financial gains on some unscrupulous individuals and that is why  its very important to let everyone be aware of this and take necessary precautions as needed.