RICH coin is a typical air coin + a case of false high-yield harvesting.
RICH coin has no real technical support, no landing scenarios, and is purely an air coin that rides on the 'wealth gimmick'. The issuing team is anonymous and hidden, relying on false advertising to lure retail investors in, ultimately running away with the funds, and the coin price is nearly zero.
The issuer uses 'quick wealth accumulation' and 'low risk high return' as core selling points, disseminating information through cryptocurrency communities, short video platforms, and third-party promotional accounts, falsely claiming that RICH coin is related to 'overseas high-quality asset allocation' and 'blockchain wealth appreciation plans', promising short-term returns exceeding 300%, and even fabricating false trading data and profit screenshots to create a booming illusion.
In the initial phase, artificially controlling the market allows RICH coin to rise slightly, combined with 'limited-time low-price subscriptions' and 'invite friends for coin rewards' activities, attracting retail investors to follow suit and even guiding some investors to use leverage for positions, further locking in funds.
Once a large number of retail investors enter the market and the coin price is driven to a high level, the issuing team concentrates on dumping the massive amount of RICH coins they hold, instantly triggering a price collapse, with a single-day drop exceeding 99%.
After the coin price crashes, the issuer quickly cancels the official community, deletes promotional content, and shuts down the token trading and withdrawal channels, with the core team completely disappearing, leaving retail investors unable to recover their principal, with no avenues for rights protection.
The content is hollow, lacking technical architecture, team information, and landing plans, only piling up blockchain jargon to confuse investors;
Team members have no real identity disclosure, servers are set up overseas, making subsequent rights protection difficult, with promised returns far exceeding reasonable ranges in the industry. Essentially, it uses funds from new investors to give 'rebates' to old users, which belongs to a disguised fund-raising model.
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Today I want to talk about a good target. I didn't have enough understanding of this project before, so I am currently trying to catch up on knowledge. I saw the target $FHE on Binance's price increase list, which has high volatility and is easy to operate. It has risen from a bottom of 0.014, and the current price is around 0.08U, a typical structure of significant ups and downs. The contract trading volume on Binance has clearly increased. The trading volume / market value is close to 1:1, with an extremely high turnover rate. This indicates that attention is rapidly returning, and the key is that both long and short positions can be taken, with obvious arbitrage opportunities existing. This wave of increase is likely related to their official announcement yesterday: directly offering 1% of Pippin tokens as ecological incentives, which at least shows that the project party has resources and is willing to spend money. Combined with the cooperation with Pippin and the expansion into the Solana ecosystem, it essentially tests the practical usability of FHE in the AI Agent scenario with real money. During this time, they have also collaborated with Chainlink on a staking activity, which can be said to have many positive aspects. #FHE $FHE {future}(FHEUSDT)
Today, the global financial markets opened actively, with U.S. stock futures slightly rising. Dow futures rose by 0.5%, while S&P 500 and Nasdaq 100 futures both increased by approximately 0.5%-0.7%. The rebound in technology stocks has stabilized market sentiment, with investors focusing on the delayed release of the November employment report and CPI data this week. European stock markets rose by 0.8%, gold approached record highs, and Bitcoin rebounded to around $89,000. European Central Bank President Lagarde indicated that growth forecasts may be revised upwards to above 1.2%, and several central banks will announce their final monetary policy decisions this week. China's factory output and retail sales slowed in November, with senior advisors calling for stronger macro policies to reverse price declines. The cryptocurrency market shows weak risk appetite, with Bitcoin rising slightly but overall volatility remains. The total global cryptocurrency market cap is approximately $3 trillion. AI-related bond issuance set a record of $220 billion, pushing corporate debt close to $100 trillion. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
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