🚨 URGENT ALERT – IDO SIGMA ON CAKE PAD!
The Sigma project (0x8537...), the 2nd IDO promoted by Cake Pad / PancakeSwap, is showing serious signs of manipulation:
🐋 The largest wallet (0x030f49be...) continuously mints unlimited tokens, then transfers over 40 million Sigma to multiple subsidiary wallets within 24 hours.
💣 4 wallets hold > 70% of the total supply, with no evidence of token locking or transparent auditing.
📉 Current liquidity is only about $1.1 million, while trading volume is unusually high ($6.2 million / 24h) → signs of pump-dump.
⚠️ There is a very high risk that this is a “Pump & Dump” scheme aimed at exploiting the reputation of Cake Pad and PancakeSwap to attract buyers for the IDO.
👉 Advice for the community:
1. Do not FOMO into this IDO despite the promotion.
2. Carefully check the top holders' wallets and minting rights.
3. Only participate when the project has clear audit and liquidity lock.
#SigmaToken #CakePad #PancakeSwap
