Uniswap is a cesspool of scammers creating useless tokens and sell thos tokens on Uniswap. If you've watched carefully you probably have noticed that the tokens listed on Uniswap the last 7 days were dump tokens. Some lasted days, some only hours, or even minutes. Today was the biggest exit scam with ETHX. I'd just want you to know that if you buy and sell tokens on Uniswap wihtout any research that you'll lose your money. Even if it's just 20 bucks. I'm currently analyzing how they do it.
1: They create a token 2: they spread about 50% over several addresses. 3: They post here 4: When there is not enough buyers, they dump from one of the first few addresses. 5: If more and more people fall for it they buy them self even more to pump the price and give you the FOMO feeling. 6: One of whales dumps on the market and remove the liquidity. 7: No liquidity anymore is no price, so you're left with a bag of useless tokens.
So please watch out! 98% is scam.
Exceptions so far, STA, H3X and Unipower. Altho I do have some doubt with Unipower.
Don't forget PAMP, exited with 300eth just a couple of hours ago
Why are people giving away precious ETH for coins with no actual information on the devs.
Dylan Foster
yeah I think im about done with uniswap. mostly just a bunch of garbage
Juan Walker
I think h3x just happened to be a gem amongst all the bullshit going on. Been following it for a few days and Dev has been really cool, tokenomics are solid and price hasnt gone to 0 so I might grab a stack. Thinking of grabbing some Sta too. Don't know much about unipower.
Levi Torres
>Altho I do have some doubt with Unipower. what doubt could you possibly have?
>tfw only one I bought was statera I'm going to... MAKE IT
Levi Flores
>STA yes >H3X and Unipower. a-user i’ve got some bad news. the only other legitimate uniswap project is buidl.
Ethan Campbell
A follow up on this. Check their ERC20 token. Check if there is any contact info. Are there websites older than 1 month? Do the links work on the website? Check the amount of visits on their website. Scammers will do everything to get your money. When they come with shit like "White paper coming" that is already one big red flag. No contact info? Big red flag. We need to take care of each other in this unless you want that /biz becomes useless. I liked it here. Sometimes really great info, but something is changing rapidly with the sheer amount of scams on Uniswap.
Easton Rivera
Can you check how Unipower and Ethx created that insane level of liquidity?
Landon Wright
Not liquidity I mean of cause volume. I also dont get the ETHX scam. It looks like nobody removed the pool.
Owen Sullivan
I've made $1300 the last 24 hours. I was lucky enough to get into ETHX and out well before it exit scammed. The sickest part is I made a major fubar early on with ETHX by mistaking the actual current price and I could have bought it at a price that later would have paid me 15x my investment 10 hours or so later. So I could have easily made 10k yesterday. Point is these fucking scams can make you a FUCKTON of money if you trade smart and know what you are doing.
Ethan Rodriguez
But you don't. I played one last week, also with a coming soon page, nice logo, no obvious shady signs and that nigger ran away with the pool after 50 minutes.
Joseph Foster
This address pumped it up to get more buyers in. the same as they do currently in FMG. Once there is enough buyers and people fomo in, they just dump it all.
0x65fb6dbed15097973788129b86c81960c4ba74de
Check that address on Etherscan and go to ERC20 transactions.
Lucas Bell
Only coins that don't feel like exit scams are h3x and statera
Look how they've spread the tokens over several addresses to prop up the initial price already. When one of those addresses begin to sell, you know shit is going to happen. This is how they start.
Mason Kelly
yeah there are a lot of scams and there exiting for like even 12 eth it real hurts the community i imagine these are like the same 5 people also
Brody Brown
user is right and it's giving people hard lessons about crypto real fast. I will say there is another project that just launched similar to Statera (burns fast inside high liquidity pools) and everything looks completely legit so far, none of the red flags of those scams. Dev gave out refunds for his v1 which failed and he's trying it again now with v2 (sound familiar, STAtarians?) Check out unibomb dot it . This is one of those projects were all here to get in on super early. Not a scam
Hunter Russell
die hindu scum
William Foster
Here is also to watch out for in the future. RUG token. Exactly the same, spreading to few addresses. provide liquidity on Uniswap and if enough buyers come in they will dump from one or two of those addresses.
True, and thank you for mentioning Unipower as a legit project. Honestly, I did not inform myself about the other 2 you mentioned.
Would you mind telling us what doubts you have about Unipower? Have been into it since day 2, also in the chat rooms, and it seems totally legit.
Zachary Gonzalez
I trust H3X & STA not sure about the rest of these shit coins
Gabriel Lee
unipower is also pretty legit if u look into it
second community dapp for unipower also released already made 2x my investment twice lol
this shit is probably the most legit uniswap token at the moment hank has already confirmed a bidex listing.
Anthony Moore
You have the telegram link user? I want to lurk for a while before throwing some ETH in.
Alexander Morgan
t.me/unipower
Connor Martinez
You sat on it too long. Crypto is FAST. Give it thirty minutes and be happy with your 2 or 3x, don't get greedy.
Jaxon Phillips
Thank you.
Oliver Bailey
your welcome
David Ramirez
Yeah, unipower is gold.
I also got sta, and buidl. Everything else I've bought has constantly stressed me the fuck out.
Isaiah Carter
I woke up 2 Fridays ago thinking fuck it I wanna go all in on a new shitcoin. Got on Zig Forums and saw like the 2nd STA thread ever on v3. Went all in blindly.
I feel so lucky frens. This is the one. Turned $2k into $90k on the ATH. Going way past that in 1-2 weeks. I hope you didn't sell the dip.
