![]() New people, unlike professional crypto people, take more risks and naively believe in fast rewards and eternal growth. Safemoon strategy is directly target new people, getting them in crypto. This is what bothers me the most, and this is why i finally decided to write this post. SafeMoon is not another facebook or twitter, and focusing on big community is a false parameter.ġ2- They shill to new people and will keep a bad taste in the mouth of many. They are, but unless you can mobilize or utilize, they are not that important. They assume social media reach is important, they assume the community is important. all very professional projects and all have a market cap under $2 billionġ1- They do not know how to measure what is important. The market cap for safemoon is currently 200 million $, a 10x would make it 2 billion $,īAT, RavenCoin, Waves, OMG. That show how naive they are, there is a reason why many projects have anonymous founders. ![]() ![]() The decided to show their faces (i even suspect they might have been hired to be on this "fake" team), but anyway, they registered a company in the US, and sold unregistered securities to U.S. The daily volume is few millions, and market cap around 200 million, yet they are stuck on the rank 2000 on the CMC, while in top 150 to 200 CMC you have lower volumes and lower market caps, but legit projects. Binance is a top exchange, that is competing on market-share with every other exchange.īNB token is only available on few exchanges (and that is the BC version not even the BSC version), exchanges are unwilling to list BNB, do you think they would list something that is 100x more favorable to binance than the BNB (because any BSC token only works with binance ecosystem, promoting binance ecosystem).Ĩ- Even Binance think they are a shitcoin. They were asking for donations for listing on exchanges, what project would you expect to be created if you need donations all along the way (is this wikipedia - at least wikipedia did not sell millions of $ worth of tokens).ħ- They lied to their investors about listings /by ignorance or willingly.īinance Smart Chain on which their token runs, is a centralized chain run by binance. The presale format they participated in, made a lot of whales super rich, but not the team. This is a token that have a nearly 200 million $ marketcap with 4-20million $ volume ? doesn't look like so.Ħ- They have no capital for anything significant. People are happy they have a new website design or a new logo, or minecraft server for f sake. Maybe appealing to some young people, but clearly not professional and have no idea what they are doing. Even in one of the AMA the dev admitted this was a fluke and it wasn't expected, and there is nothing to be expected concretely. ![]() They have been avoiding this question, by giving vague answers. ![]() Means it was intended as a quick money grab, pump and dump, call it whatever you wish.ģ- What is the product ? What are the plans product wise? The dev just copied the BEE contract, without even changing anything except the token name and some token related values. If true why so ? did he sell everything early, why? was he/ is he actually just an employee in dev sale company?Ģ- The contract is clearly deployed without any second thought about success. And i do think SafeMoon is a SCAM.ġ2 Reasons Why i think SafeMoon is a Scamġ- The dev (papa) pretends he holds no safemoons , I invested roughly 100$ very early in Safemoon (1st week or 2nd), i already sold several thousands of dollars worth of safemoon and still hold several thousand dollars worth. If a token or coin makes you money, that does not mean it is not a scam. And i have talked with several early investors, that invested in Safemoon but still think it is a scam. I have been asked already several times about my opinion on Safemoon. ![]()
0 Comments
Leave a Reply. |