TR FOTO @foto_tr - Twitter Profile

almost 3 years ago

#PEPEGAINS #SCAM : This could be exciting! Let's see if he is right or not in less then 30 minutes!

almost 3 years ago

In a few hours, the #PEPEGAINS community is in for a big, double announcement. What comes now is pure #speculation but based on some facts. What are the options? Read on. 1) #CEX Listing: It's unlikely but not impossible. Some, e.g., MEXC, are listing every sh*tcoin. They need liquidity to do this! Are the 10M tokens still in the "team wallet" enough? Maybe! How do CEX deal with the 9% sell tax? Who knows? They will probably do a basic audit and stumble on the poor code security that is also shown on CertiK and not much changed by the fact that the smart contract is renounced. 2) #Certik audit: Remember the "big announcement" on July 31? CertiK soon? There is still no audit in progress! It is of course an interpretation of "soon", but I think it is simply a lie to drive the hype. They've already pulled over $30k from the "team wallet", that's easily enough to pay for the audit. Nothing happened! Should we trust? 3) #Airdrop : Yes, this is quite a good option. They do say "no team tokens", but that is also a lie. There are still 10M tokens in the "team wallet". They could use them for an airdrop (however it is designed). This could encourage new investors to jump in to take the "gift", or existing holders to repurchase. The price would go up. But then there would also be 10M tokens more circulating than before, which would ultimately lead to greater price slides than before in the case of sales. For the team it would not be bad at all, because they would profit from the 7% from the sell tax. 4) #Staking : It is not impossible, but it would be very surprising! Staking is not witchcraft and could already be implemented! But how are developers supposed to manage it, who don't even manage to keep their own website up to date? The promised 46% APY are also rather illusory! 5) Buyback: They have 75 ETH worth $127k in the wallet. If they use part of it for buyback, it would stimulate the price. I can imagine this option very well. If they are smart, they set up a buyback program, which means they buy back whenever the price reaches a DIP, and do it for a longer period of time. 6) Burning: They could burn the 10M #PEPEGAINS from the "team wallet", but that would just be a marketing move like we saw before with the burning of the 90M tokens. It would have effectively no impact on the price. However, it would be different if they burned the tokens that came from the buyback, as these would be withdrawn from circulation and thus reduce the supply and increase the price. Conclusion: They have announced a big "double announcement". What would I do if I were a cheater like them? I would reinvest some of my ETH already received from the 7% share of the sell tax to fuel the price (see point 5 - buyback) and sell this as the first "big announcement". It naturally leads to hype and price increases by other uninformed investors jumping on. As a second "big announcement" I would announce and enforce the burning of the bought #PEPEGAINS. This further reduces the supply and increases the hype as well as the price. They will easily get their "investment" back from the 7% tax as soon as people sell. But please do not forget: It is pure speculation and my personal opinion! There can also be surprises!

ynoxas_crypto's tweet photo. In a few hours, the #PEPEGAINS community is in for a big, double announcement.

What comes now is pure #speculation but based on some facts. What are the options? Read on.

1) #CEX Listing: It's unlikely but not impossible. Some, e.g., MEXC, are listing every sh*tcoin. They need liquidity to do this! Are the 10M tokens still in the "team wallet" enough? Maybe! How do CEX deal with the 9% sell tax? Who knows? They will probably do a basic audit and stumble on the poor code security that is also shown on CertiK and not much changed by the fact that the smart contract is renounced.

2) #Certik audit: Remember the "big announcement" on July 31? CertiK soon? There is still no audit in progress! It is of course an interpretation of "soon", but I think it is simply a lie to drive the hype. They've already pulled over $30k from the "team wallet", that's easily enough to pay for the audit. Nothing happened! Should we trust?

3) #Airdrop : Yes, this is quite a good option. They do say "no team tokens", but that is also a lie. There are still 10M tokens in the "team wallet". They could use them for an airdrop (however it is designed). This could encourage new investors to jump in to take the "gift", or existing holders to repurchase. The price would go up. But then there would also be 10M tokens more circulating than before, which would ultimately lead to greater price slides than before in the case of sales. For the team it would not be bad at all, because they would profit from the 7% from the sell tax.

4) #Staking : It is not impossible, but it would be very surprising! Staking is not witchcraft and could already be implemented! But how are developers supposed to manage it, who don't even manage to keep their own website up to date? The promised 46% APY are also rather illusory!

5) Buyback: They have 75 ETH worth $127k in the wallet. If they use part of it for buyback, it would stimulate the price. I can imagine this option very well. If they are smart, they set up a buyback program, which means they buy back whenever the price reaches a DIP, and do it for a longer period of time.

6) Burning: They could burn the 10M #PEPEGAINS from the "team wallet", but that would just be a marketing move like we saw before with the burning of the 90M tokens. It would have effectively no impact on the price. However, it would be different if they burned the tokens that came from the buyback, as these would be withdrawn from circulation and thus reduce the supply and increase the price.

Conclusion:
They have announced a big "double announcement". What would I do if I were a cheater like them? I would reinvest some of my ETH already received from the 7% share of the sell tax to fuel the price (see point 5 - buyback) and sell this as the first "big announcement". It naturally leads to hype and price increases by other uninformed investors jumping on.
As a second "big announcement" I would announce and enforce the burning of the bought #PEPEGAINS. This further reduces the supply and increases the hype as well as the price. They will easily get their "investment" back from the 7% tax as soon as people sell.

But please do not forget: It is pure speculation and my personal opinion! There can also be surprises!

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