It has been observed that a typical dump project case has recently appeared in the BSC ecosystem. This project had a market cap of only 5k during its initial token issuance, but after the DEV launched it on the external exchange, they forcibly drove the price down to the 1k level🔻. Such operations usually indicate extremely high risks for early participants. From the project design perspective, this is very likely a classic scam scheme—after completing initial fundraising, the developers directly dump tokens on the open market, causing the project to plummet in value. The pool still contains paired tokens like $ASTER, making the overall ecosystem appear quite fragile. For participants looking to pick up "junk tokens" on BSC, this serves as a good cautionary example: beware of projects with extreme market cap fluctuations, opaque DEV holdings, and poorly designed liquidity pools.#DYOR #Risk Warning

ASTER-1,26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
probably_nothing_anonvip
· 01-18 23:10
It's the same old trick of dumping and manipulating the market. When will these BSC players learn their lesson? --- 5k to 1k? This is outright blatant market manipulation and cutting the meat. --- I never touch projects with opaque developer holdings, it's that simple. --- Brothers picking up trash coins, take a good look. This is a textbook-level scam process. --- The pool is as weak as paper; liquidity gets drained and it's game over. Wake up, everyone. --- It's always the same routine. When will regulation catch up? It's too outrageous. --- DYOR is good, but most people don't even bother to check, and then they get wrecked. --- The price was halved directly, and some still dare to buy? I really can't believe it.
View OriginalReply0
AirdropBuffetvip
· 01-18 04:20
Damn, is this the same trick again? DEV directly dumps the price from 5k to 1k, isn't this just a blatant rug pull? I've learned to avoid this kind of dump long ago. It looks easy but it's a life-or-death situation. Really? The liquidity pools are designed to be so fragile; it's no wonder they blow up.
View OriginalReply0
airdrop_whisperervip
· 01-16 02:09
It's the same old trick again, DEV dumps from 5k to 1k, early investors must have lost a lot. --- These BSC projects are indeed outrageous, I'm used to seeing this kind of operation. --- I've also seen $ASTER pairs, it's really just a fragile shell. --- Be more cautious when picking up trash projects, avoid opaque DEV holdings at all costs. --- I've blacklisted this kind of project a long time ago, it's not interesting. --- Basically, they just run after raising money, tired of the same套路. --- Such poor liquidity pools, and they still dare to list? Truly bold. --- There are always people falling into traps, when will they learn their lesson?
View OriginalReply0
ChainWatchervip
· 01-16 02:08
Another dump again, DEV's method is really impressive.
View OriginalReply0
AirdropHunterWangvip
· 01-16 02:07
Oh my, it's the same old trick again, throwing 5k to 1k? Dev's move this time is a textbook example of rug pulling. --- The BSC ecosystem is really getting more and more outrageous every day. I feel anxious for those bagholders. --- I just laughed at the $ASTER pairing coin part, it's like playing a game. --- Early participants should indeed learn from this negative example, don't always think about catching a bargain only to end up buried. --- Projects with opaque DEV holdings should definitely be avoided; that's a red line. --- If the pool design has issues, you should be alert. Unfortunately, many only realize after painful lessons. --- This dump operation clearly looks like a routine where they raise funds and then run away, it's too obvious. --- Fraudulent schemes like this are just a matter of time; they'll be exposed sooner or later.
View OriginalReply0
SadMoneyMeowvip
· 01-16 01:55
It's the same old trick again, there aren't many clean projects on BSC. Dumping the price down to 1k, these developers are truly outrageous. Early investors must have suffered a lot.
View OriginalReply0
FrogInTheWellvip
· 01-16 01:52
It's the same old trick again, DEV directly dumping the market is really incredible.
View OriginalReply0
SchroedingersFrontrunvip
· 01-16 01:48
Hey, isn't this just the classic rug pull tactic? Dropping from 5k to 1k, this DEV move is really outrageous.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)