FG峰哥论币
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Recently, many friends in the cryptocurrency circle are still discussing the Sidekick project’s token $K . It was glorious when it launched on Binance Alpha in August + airdrop, peaking around $0.44, and many people who received the airdrop felt they had made a fortune.
But what about now? The token price has already plummeted over 98%, currently only a little over $0.005, with its market value shrinking to under $1 million, leaving many holders with nothing. The police and the community have not directly classified it as a scam, but this behavior of 'rapidly going to zero after a pump' resembles a typical pump and dump too closely. The number of victims is increasing, and the losses are significant, so everyone must be vigilant. Key Warning
Beware of high openings and low closings: 'hot projects' without sustained practical application support, after raising prices during launch, lack real demand and are likely to be short-term speculation, rapidly collapsing after unlocking or selling off.
Airdrop rebates = essence of pyramid schemes: If cryptocurrency projects excessively rely on airdrops and points to attract people, far exceeding normal returns, they should be avoided. Subsequent unlocking of a large number of tokens can easily lead to big holders dumping.
The risk of market value evaporation is extremely high: Betting funds on small-cap new coins is equivalent to high-risk gambling. After the platform's activity declines and trading volume shrinks, funds cannot escape in time.
The current market is highly volatile, and everyone wants to seize the rebound opportunity, but there are too many cases like Sidekick $K falling from $0.44 to $0.005.
When encountering new project airdrops, verify from multiple sources first, and don't rush to go all in or hold long-term. Investment requires caution, rationality is key, and protecting your assets should be the priority. Have you received the Sidekick airdrop? What is your current holding situation? Share your experiences in the comments section and let’s stay alert together! #加密市场观察
But what about now? The token price has already plummeted over 98%, currently only a little over $0.005, with its market value shrinking to under $1 million, leaving many holders with nothing. The police and the community have not directly classified it as a scam, but this behavior of 'rapidly going to zero after a pump' resembles a typical pump and dump too closely. The number of victims is increasing, and the losses are significant, so everyone must be vigilant. Key Warning
Beware of high openings and low closings: 'hot projects' without sustained practical application support, after raising prices during launch, lack real demand and are likely to be short-term speculation, rapidly collapsing after unlocking or selling off.
Airdrop rebates = essence of pyramid schemes: If cryptocurrency projects excessively rely on airdrops and points to attract people, far exceeding normal returns, they should be avoided. Subsequent unlocking of a large number of tokens can easily lead to big holders dumping.
The risk of market value evaporation is extremely high: Betting funds on small-cap new coins is equivalent to high-risk gambling. After the platform's activity declines and trading volume shrinks, funds cannot escape in time.
The current market is highly volatile, and everyone wants to seize the rebound opportunity, but there are too many cases like Sidekick $K falling from $0.44 to $0.005.
When encountering new project airdrops, verify from multiple sources first, and don't rush to go all in or hold long-term. Investment requires caution, rationality is key, and protecting your assets should be the priority. Have you received the Sidekick airdrop? What is your current holding situation? Share your experiences in the comments section and let’s stay alert together! #加密市场观察
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.