Just, the sheer amount. The sheer amount of degenerate shitcoin creators and gamblers is appalling. - Latest Hindi News , International , Bussiness , Sports ,Tech Info

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Saturday, May 1, 2021

Just, the sheer amount. The sheer amount of degenerate shitcoin creators and gamblers is appalling.

/u/BulliiishCryptocurrency News & Discussion https://ift.tt/3nAweSZ
Just, the sheer amount. The sheer amount of degenerate shitcoin creators and gamblers is appalling.

Someone shared a cool website https://tokensniffer.com/ to search for crypto projects.

As a start to search scamcoins, I searched good ol' Safemoon. And fuck are there so many knockoffs of it.

https://preview.redd.it/b4xcempomew61.png?width=1531&format=png&auto=webp&s=258e73787f4ea044fd97647e76da2da53dbf0805

https://tokensniffer.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3

It shows there are 2447 "similar" tokens which in baby terms, is a complete copy paste and edit of.

OK, let's look at one random coin in this list, MoonDoge.

After further research in r/CryptoMoonShots, it's deleted.

https://preview.redd.it/6zricpcpmew61.png?width=784&format=png&auto=webp&s=555f0169036c6064c79a24d5c1b835acd8cbd100

Alright. Now let's look at SafeSex (SAFESEX).

https://preview.redd.it/cznnx84qmew61.png?width=761&format=png&auto=webp&s=d188da0c5fa409950cd046ee8d04ab70c7339037

Lo and behold, I'm not surprised. To show that 207 upvoted (probably botted, but who cares), so many people are spending what I call "dumb money" on these stuff. Man, fools and their money sure do part.

The actual magnitude of the amount of shitcoins with either "SAFE", "DOGE", "ELON", "MOON" and "GATE" is absolutely through the roof. I'm talking hundreds. It's actually hilarious at this point.

Like, if you want to make a pump and dump exit scam coin, putting those 5 words in your crypto should be the last thing you want to do to get normal brained investors to invest, let alone shill it with flashy emojis.

But no, somehow, magically in this world, these coins have fucking millions of mcap from the investors they entice. It really makes my eyes bleed that crypto has come to become worse than the bitconnect era, and tells me these shitcoin makers are either stupid for being oblivious to show that their coin is immediately a scam, or smart for manipulating the stupid masses. I bet more on the latter.

submitted by /u/Bulliiish
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