Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website '
https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make
GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
It's true that many investors only care about quick gains today but if you can carefully do your own research you will still find projects that have better use case and plan for very long term, do not listen to FUD, many investors starts misleading new investors once their target failed to work out.