🚨 $KGST is NOT a Stablecoin! 🤯
Did anyone else assume $KGST was a quiet stable play? Think again. It's actually a rebase token with a seriously flawed mechanism. Every 6 minutes, the contract automatically buys back tokens, distributing them proportionally to holders. Sounds good, right? Wrong. 📉
This creates artificial price increases, masking a constant bleed in actual value. Holders are receiving more tokens, but those tokens are worth less and less. It’s a classic pump-and-dump scheme disguised as passive income. Do your research before diving into anything claiming stability! 🧐
#CryptoAlert #DYOR #ScamToken #KGST 💥

KGST
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