Crypto is a free for all jungle and I’m not gonna be of the food chain

in #upex2 months ago

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It’s not my first rodeo in this free for all dog eat dog world that is shitcoin trading. So when a perfect hustle sprang out of nowhere, I saw it pretty early on.

I’m talking about Slerf, the Solana shitcoin that’s part of the badly-drawn meme narrative. Every bull crypto market mania season comes with its own set of pump and dump shitcoin hustle. It’s those “fun and wild” coins that comes out when the big coins you put your money in has done a 100% and you’re being suckered into the on chain casino where the house decides who wins.

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This time round, the star of the show is this sloth badly drawn meme - don’t ask why, there’s currently tons of other copycats and attempts at pushing the same pump and dump dressed up as variants of this same meme narrative.

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This coin came out of nowhere, ask people to buy into their “presale” - which happens to just be a wallet, not a smart contract. And got strategically reposted and quoted by almost all the whos who in Crypto Twitter.

And then, once enough money had been set over by suckers to the wallet, the dev pulled this stunt.

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They claimed to have made a mistake a lost of the money that investors had sent to the presale wallet and now the “LP token is burned”.

Incidentally, someone found out that right before they allegedly burn the presale by mistake, the dev manage to refund all the SOL they had deposited themselves.

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But by now the role had taken a life of its own. Even if the presale wallet being “burned”. People are buying the token and it’s being apparently dumped after the ath of about $1+.

I won’t wanna touch this madness. Even if I might miss out on profits (don’t kid yourself)

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