Just watched my portfolio tank after the devs drained the liquidity five minutes ago. I thought this had potential but it turned out to be a total honey pot. Anyone else take a massive L on this today?
I actually invested in that BSC gem but was lucky enough to get out before it tanked, only lost 30% on my investment I've been doing some research and it seems like their liquidity pool was always super thin, just a recipe for disaster.
haha yeah I got hit pretty hard on that one, but to be honest I was already in the red on it since the first pump, wasn't expecting it to tank like this, guess we can't all be the rug-pullers
yeah that's a bummer, lost a small stack on it myself, did some digging and apparently the dev team was just a bunch of copycats looking to milk some quick cash.
Damn, sorry to hear that man. I almost aped into that one too but the liquidity lock looked way too short. Gotta be incredibly careful with these BSC launches, it’s the wild west out there.
Lol yeah I was one of the unlucky ones, invested a decent chunk and just got rugged out for 30%. New BSC gems are always a gamble, but this one felt like a ticking time bomb waiting to happen. Does anyone know the details behind the rug pull or was it just a standard "we can't afford to continue developing" excuse?
Damn, sorry to hear that. BSC has been a total minefield lately with all these honeypots. Always DYOR and check the contract next time before aping in.
Classic BSC casino experience, man. If it wasn't audited with locked liquidity, you were basically just donating to the dev's retirement fund. Hard lesson learned, anon.