@Bybit_Official@Bybit_Official@BybitAfrica I was scammed from a P2P trade and your team released coin to the scammer (which is the seller ) without doing due diligence. This is not much of a trusted exchange if people can run their scams and defraud people off their hard earned money.
@Bybit_Official@BybitAfrica I was scammed from a P2P trade and your team released coin to the scammer (which is the seller ) without doing due diligence. This is not much of a trusted exchange if people can run their scams and defraud people off their hard earned money.
Let's take a look at $GINNAN.
First off, it's a token that originated on Pump dot fun.
🌟 1069% surge to $724.7K MC in 6 hrs 44 mins
🌊 $5.19M 24h volume
🚀 $1.52M ATH (24x from launch)
💰 14% liquidity
👥 2K holders, top 10 own 15.79%
Several of these top holders have been selling large amounts without any corresponding buys:
The #1 "maker" wallet GinY...4tBE sold $14K worth with $0 in buys.
The #2 maker Cnaw...aVL6 sold $12K with $0 buys.
The #3 maker CDUA...FHRv, which is also the #8 top holder, sold $9K with $0 buys..
Ownership renounced, no mint/airdrops
$GINNAN is doing well today, but is the hype sustainable? 🤔
Def DYOR on the team & community before jumping in!
Even with just 15.79%, those top 10 wallets could significantly impact the price if they decide to sell more.
Some red flags to consider:
🚩 Sudden, massive price surge
🚩 Low liquidity relative to MC
🚩 Concentrated token holdings in top wallets
🚩 Insider selling activity
However, some positives:
✅ Ownership renounced
✅ No mint function
✅ No airdrops or block 0 snipes detected
As always, do your own thorough research before investing in any project, especially ones with parabolic growth. Assess the risk and only invest what you can afford to lose! 🙏
https://t.co/VcDLE3KHJU
#DYOR #Crypto #Solana