How Crypto Influencers Rug-pulling you Everyday
Crypto community on twitter is a weird place to enter, crypto influencers act like gods and their followers are devotee. Everyday One of Influencer scamming their followers and new followers join them to slaughtered.
A new wave of scamming is being floating around twitter.
• Creating a memecoin and promote with fake hope.
- $CAPO
- $BEN
- $MONG
These Coins are our suspects. $Capo is created by Butcher. And $Ben is created by Ben Armstrong ( aka Bitboy crypto). But why for fun, for a healthy joke. No the claims and rentless promotion doesn't fit that narrative.
If you active in twitter your Twitter page might flooded with $CAPO. Even if you didn't know or follow the guys cause they paid major Crypto influencers to shill this scam.
Some users arguing the of $CAPO itself holding ⅓ of the full supply and can dump anytime. But the loyal devotees are there for argue. Even you'll find major account complaint this behaviour of CT ( crypto twitter) .
The moment you respect them and follow them and check their post history you'll find that they also promoted some other scam coins week ago and don't competition or want more money to shill.
There're no god in crypto feternity, if you have to make your way. Never ever join any eco chamber they'll brainwash you. The basic rule of crypto trading says
Invest money on risk assets which you can afford to loose
Never marry your coins.
If you well researched before investing any coin why should you bothered. Just trade or invest and wait, taking profit is the most important part of trading.
If you truly believe in memecoins, Fine. There should be 5-10% of your whole portfolio can be this high-risk assets but nothing more. Trade those like gamble. Risk Management is a must. Or later you'll cry in social media or post your story in Coinfessions. That won't help you.
I believe people who invests these CT powered hype based coins deserve to loose. It's a gamble you played what do you expect. Exit liquidity is a big thing in Crypto. Think twice before Gambling.
👋 Thank you for reading, and let's continue to explore the potential of Crypto together! support my efforts by like & sharing this article and put your inputs in comments.
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