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Topic: Is this the end or only the beginning - page 2. (Read 432 times)

full member
Activity: 585
Merit: 100
Binance #SWGT and CERTIK Audited
it doesn't start now but since DeFi started in 2020 they have been operating to intend to take most of the investors' money by way of rugpulls. Even until now no one can accurately predict the rugpull project, until the dev of the rugpull project itself has never been found. The thing we need to avoid is if the project never updates their team work progress, I think that's enough to prove they are a scam.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Building a project is really hard this time market is down most of the investors will never buy the token if projects team held an ICO to collect funds. They will surely move the ICO date or postpone it till the market become stable. For now most of the investors well really watch the market and make a different analysis about perfect time to buy.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
for the case of rugpull on crypto projects, I think it's very much before 2022, so I think it's a common thing in crypto investment, that's why we need to do some research.
while for LUNA, LUNA did make a lot of negative effects on the crypto world when the project crashed, it caused a lot of panic, not even a few investors tried to solve this legally. Because of this, the CEO of LUNA is still trying to fix the problem he created. this can be a threat to other projects so as not to make a scam project, or rug pull. however, current events can serve as a lesson, and one of bad history for crypto users. However, people learn from failure, so I think that another big project will try to do better than this one.
sr. member
Activity: 1876
Merit: 318
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.
sr. member
Activity: 2282
Merit: 470
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I don't think LUNA is a rugpull but maybe a coordinate attack I'm not sure how many rug pull projects will be here with a lot of people looking at crypto as an opportunity of investment and greedy people who wanted to take advantage of innocent new investors. I'm pretty sure this is not the last coin that will crash to almost 100%
sr. member
Activity: 2436
Merit: 343
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It was the fact that not all crypto projects will dare to survive along with the tough market competition, many will give up and become an exit scam, like Terra Luna.

ICO, IEO, NFT, metaverses...many of them are become worthless after a month, a year on their launch. Well, it is sad to say that as the market grow fast, many people were also trying to take advantage of the market to set a scam plan. Countless projects have died already but still, a lot more are coming. It was a big challenge to determine potential and legit projects that is why we can hear people complaining about being scammed.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
From the very beginning of the decentralised finance hype, you could have guessed what the final outcome would be. Many defi, play2earn, nft projects are about to go to zero. The trend towards the collapse of such projects has already begun. Even TRX is creating a huge fund to support their algorithmic stablecoin usdd. That already speaks a lot. So they too are worried about the perspective of collapse. History always repeats itself. Before it was ico, now new names. But the meaning is the same.
hero member
Activity: 2170
Merit: 530
Obviously it's hard to predict how many projects are going to be rug pull this year nevertheless the negativity arround crypto industry is creating barrier between its growth which obviously can't be vanished anytime but we must always remember that there are so many positive factors of crypto currencies which indicates its bright future hence I believe there is no end, there are many positive things to come in crypto currency space. The massive adoption graph of Bitcoin and some other good altcoins incidents positive signs so there might be a good future of crypto currency space.

I am sure those project who just only create their own just because of hype or just because they just want to turn their brand into crypto, they will fail, I have seen many of them and unfortunately I become a mod of one of the project that I said, I advice them to make a back up plan and strategic plan but then they are just after the profit that they will make, they are good in coding and some other stuffs related to technology but they lack in marketing plans.
full member
Activity: 602
Merit: 102
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How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels
member
Activity: 1021
Merit: 12
People like that will have no end in cryptocurrency if they leave cryptocurrency or even repent then there will be more new ahat people appear who are ready to steal our assets every project they make. There is no way to stop that, as technology develops, crime also gets worse. The only thing we can do is really analyze so that our assets are not stolen by them.
legendary
Activity: 2576
Merit: 1043
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How many projects will rug pull in 2022?
We are near halfway of the year already and there are many new projects that are doing rug pull. The latest one is DecentraWorld, an NFT game where the developers rug pulled the investors leaving to them a worthless token. How many more? There will be many in the future. I can't give an exact number obviously but if you want to avoid getting rug pulled, focus on investing in the more trust worthy tokens. Focus investing in the top tokens.

There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Invincible CEO? I don't know what does that mean. Anonymous team you mean?
Whatever that means, Luna CEO is bullshit. He scammed many investors and he just created a new blockchain like nothing happened. Raise voice on Luna CEO? How? He is an arrogant CEO who scammed many people just because many investors exposed the weakness of his old project.
member
Activity: 1204
Merit: 11
Obviously it's hard to predict how many projects are going to be rug pull this year nevertheless the negativity arround crypto industry is creating barrier between its growth which obviously can't be vanished anytime but we must always remember that there are so many positive factors of crypto currencies which indicates its bright future hence I believe there is no end, there are many positive things to come in crypto currency space. The massive adoption graph of Bitcoin and some other good altcoins incidents positive signs so there might be a good future of crypto currency space.
jr. member
Activity: 114
Merit: 1
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
But come to think of it, only bitcoin remain the decentralized cryptocurrency, all other cryptocurrencies are not decentralized. There are over 20000 cryptocurrencies and many of them are not good coins to hold. Many of them do not have utility purpose. But luna is just one of its kind and a present failed project which could later inceease in price there is nothing impossible. If you want to use a coin that is not very volatile, you can use bitcoin.

Am i reading that Bitcoin is not that much valetile  Roll Eyes
newbie
Activity: 14
Merit: 0
USDT is required for fiat coins to enter the crypto blockchain world, DAI is the bank of the crypto world, both are required. For a very long time, coexistence is required.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I think that you re thiking so fast about this will become the end for crypto. The fact that if market must have experienced the bearish trend. In my opinion if this bearish trend will be last for a year. That means if you must not think this will come to its end very soon. As you can see the market was still in the panic mode and so many people are still buying and selling during the bearish trende. Luna is a thing that was also contributing to trigger the market.
hero member
Activity: 1400
Merit: 674
In my opinion, not all projects created in 2022 are rugpull, they need a long process to be able to increase their trading volume, it's just that maybe developers should be more forced to work well so they can create projects that are useful for the community and can trigger price increases owned product.
Yes, I myself have thoughts in that direction, more and more projects are being made but are not clear, you can even call it a scammer. The ease of creating new projects is one of the problems I think, because everyone can do that for the purpose of personal gain to the detriment of others. Now we have to be extra wary of emerging projects.
jr. member
Activity: 168
Merit: 4
Especially this NFT projects, few many had embezzled and scammed investors of their hard earned money using p2e NFT to disguise. I literally don't think scam would come to an end in this crypto space, we all just need to be careful.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
We really can't tell, and since we are in a bear market, maybe there will be projects who thinks that they can't make money out of this cycle so much better if they will rug pull and disappear with investors money.

And probably this is will continue, as Luna has set a precedence, and this whole Defi thingy will most likely be the next one to rug pull. So the lesson is just to be very careful right now of our hard earn money specially investing in new projects.
Just like what you said, things are still going. Luna is just the one who started it and it won't stop there. On May 25th, the price of YFII token was unexpectedly heavily dumped, the price dropped from 1,200 to as low as $320 in just 15 minutes, or 74% of the value. Lots of predictions DFI's team decided to rugbull and leave their project.

We are having bad days in the market, best stay away from new projects, focus more on bitcoin and top altcoins to avoid painful losses.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Luna does not have invincible team but that does not shift our focus researching the team and avoid anonymous team. We should be very carefull with all those young CEO, not everyone can be Vitalik. Aniother interesting new about A16 selling 80% of asset prior to crash could indicate the inside information asses. Except for projects that have gone through 2 cycles with strong the community and hype, everyone should ride to bull market and dump.
full member
Activity: 1582
Merit: 132
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How many projects will rug pull in 2022?
We cannot count them, maybe so many projects will rug pull, moreover, the one that has no fundamentals or even the new projects

There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known
Even if they cannot rise up again this will not be easy. they face a difficult situation and they are likely satrting from the beginning again.

Is this the end or only the beginning
This era is the starting of the bearish era, well let's enjoy this bearish era and try to collect more money to be sued for buying Bitcoin in the bearish time and hold them for long time until facing the next bullish era again
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