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.
I think you should understand 2 things after witnessing this particular case: 1) almost any coin possibly can be listed on uniswap, all responsibility on your side and that is the price of DEX service.
2) after 2015, year when bitcoin started to hit big numbers there already were people who were here for gains only.
For sure there are more of those in here now, but there tons of serious investors that are interested in projects developing