ApeMars launched its ethereum:0xaab17f1fccea5be51f6e2a5254927e06b06a985f token after raising about $518,000 in a crypto presale. Shortly after claims opened, the token collapsed 99.95% from its listing price.
ApeMars has a fully anonymous team, no working product, no transparency around fund allocation, a 70B token supply, a huge $297 million FDV at launch, and concerns that marketing focused heavily on ROI expectations.
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