That $GREED token so many people piled into? It was designed to teach people a lesson amid the current meme coin mania, says its creator voshy. realDannyNelson reports
In S**tcoin Spring, any pointless cryptocurrency with a Twitter account can enchant thousands of traders into playing meme coin musical chairs. Throwing money at the wall and reason out the window, they let greed get the best of them. Sometimes literally.
But the creator of the GREED experiment doesn’t plan to steal their money . Even so, Ivor Ivosevic, better known as Voshy to the Solana community, very much will shitpost from those Twitter accounts. Voshy woke up to hundreds of direct messages from Twitter friends asking to buy GREED before he released his nonexistent coin to the public.The so-called “presale” is one way speculators try to make money on meme coins. By buying a token before it goes into wide circulation, they hope to ride its initial pump high and dump it for profit. They’re willing to pay big money for their GREED; Voshy said he got offers for his nonexistent token that added up into the seven figures.
“I started retweeting and writing things along the lines of, ‘The only people getting rich from tokers are founders.’ ‘Be careful of your greed; Greed can consume you,’” he said. It didn’t work.Behind the scenes, Voshy began building GREED. Critically, it would have a freeze mechanism to prohibit holders from ever moving it out of their wallets, making speculation impossible.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Shiba Inu's BONE Token Wins Listing on Ambitious US Crypto ExchangeShiba Inu ecosystem's governance token BONE has won poll to be listed on US-based exchange
続きを読む »
U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Crypto Exchanges: FT.TheJusticeDept's head of crypto enforcement has promised a crackdown on illicit behaviour on trading platforms, according to a report. By JamieCrawleyCD.
続きを読む »
Animoca Brands Reports $3.4B in Cash and Token ReservesAnimoca plans to publish the audited financial statements for 2020 and the subsequent financial and business highlights soon.
続きを読む »
Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex ReportWhile the new token standard underscores the potential of Ordinals, it still shows that more use cases are needed to accelerate its adoption.
続きを読む »
Top 3 Holders of LADYS Token BlacklistedBlacklisting function has been used on major $LADYS holders, who are now unable to make any transactions
続きを読む »
Dogecoin Copycat Jumps 50% as Meme Coin Hype Is Sustained.DogeCEO_EN is on rampage as memecoin hype receiving new momentum
続きを読む »