this is only for practice, follow this to go broke in no timeTHIS IS NOT AN ADVICE
this is only for practice, follow this to go broke in no time
A8USDT.P trade ideas
Ancient8 A8 Waiting for a Retrace before Entrywatching this low market cap Gaming - Focused
Eth Layer 2 coin
⚠️ Not Ready - Just letting you know what I'm watching
Market Cap 91M
had a recently nice run up
and expecting a pullback into the
Golden Pocket
Recommend setting alert at 0.36522
Pros:
- 6 month old project with steady growth
- decent holder count at 13.6k wallets
- getting listed on Bithumb, major Korean exchange
- healthy 24h volume at $138k
- price up 35% in 24h showing momentum
Cons:
- owner holds 18% of supply
- low liquidity on secondary pairs
- volume concentrated in one trading pair
- limited social engagement beyond exchange listing news
Not Financial Advice
Ancient8 is another rug pull from Vietnamese project? Let see!Devs have deleted all information about their funding rounds from the official website, raising significant doubts about the project's transparency. They hired social media influencers to promote the project and deceive investors, using services to artificially boost likes, comments, and shares. This manipulates public perception, making the project appear more legitimate than it is, potentially leading to significant financial losses for unsuspecting investors. More over, the project has no real users, thus 90% of the airdrop data for users is fake. Evidence shows that recently they have been transferring tokens from those airdrop wallet addresses at TGE to Bybit (0xf89d7b9c864f589bbF53a82105107622B35EaA40) at the same time. Finally, remember that Vietnamese are King of scam in crypto field :))
A8 how much the team can dump #shortThis project has devs from Asian (+ Vietnamese) where a strong background of scam, fraudulent, money laundering. They can rug pull on you for a penny, so it’s risky to invest in these type of project.
One thing that the team did that make me feel bad about their development is they bought fake “like, comments, and repost” on social media (X & coinmarketcap) to write good things for them. Fake marketing is a dirty thing that is a sign of scam.
The website that announced their funding round from VCs is not existing anymore, They tricked by creating fake data to attract more people.
This is not a financial advice, #dyor
