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....
.
people today just want to get in projects for instant profit then jump to another one and yup they seem not to care about the objective of the project. ROPE and MEME have the same inscription, DO NOT BUY IT. different approach in marketing. Talking about projects, I think NFT's will be trending for the next few months, if you're interested for NFT projects, check out KittieFIGHT. They've launched their yield farming too.