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....
.
I do not know how people get attracted to all these ponzis while i thought that crypto supporters are here to support this advanced technology.
All these crypto based ponzis that we keep seeing often like forsage, lionshare and many tron based too are doing nothing but damaging the reputation of the mainstream, real crypto projects because such ponzi base projects create a whole lot impression of crypto being a ponzi in general which is far from being true but sadly it does have this negative impact.