There's a project that raised $25M in its ICO not long ago, and it's already trading with a market cap below $1M. That's quite something—the collapse is almost comical. The gap between what was promised and what actually shipped is telling. Some traders are eyeing it as a potential bounce play, though honestly, catching this particular knife feels more like a gamble than a calculated move. Worth monitoring the onchain metrics if you're into contrarian trades, but the fundamentals suggest this one might have much further to fall.
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SerNgmi
· 16h ago
25M drops to 1M, this is the magical realism script of crypto... While watching the show, also stay alert and don't be fooled by the false illusion of a rebound.
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MemeCurator
· 16h ago
A 25x drop... how impressive must that be? The gap between promises and delivery can leap across the Pacific.
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AirdropAutomaton
· 16h ago
25M invested and now it's a 1M market cap... This is exactly the textbook example of a rug pull, hilarious.
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SybilSlayer
· 16h ago
25 bucks drops to 1? That's a classic rug pull trailer, hilarious.
There's a project that raised $25M in its ICO not long ago, and it's already trading with a market cap below $1M. That's quite something—the collapse is almost comical. The gap between what was promised and what actually shipped is telling. Some traders are eyeing it as a potential bounce play, though honestly, catching this particular knife feels more like a gamble than a calculated move. Worth monitoring the onchain metrics if you're into contrarian trades, but the fundamentals suggest this one might have much further to fall.