Need advice for a token before mass buying please - page 2.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: Virtuose on February 23, 2022, 09:43:11 PM

-snip-

Are you sur ? because lot of people say its legit too...

-snip-

You mean a lot of "shillers" are shilling for that shitcoin? Ask them why they think it's legit and why they think it's a good coin. None of them will be able to give you a proper explanation or will just ignore you or call you an idiot (yes they will start insulting you if you question them).
You can clearly see on the chart that the price is getting pumped and then dumped. Of course its a scam token made for the imbeciles that will make the developers rich. Stay away from tokens like these. Most tokens that has "finance" associated with them are scam tokens.

Virtuose

newbie

Activity: 9

Merit: 0

Hi Walker,

Thanks for your reply!

Are you sur ? because lot of people say its legit too...

Im afraid how many different opinions I receive, I don't know what to think ^^

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: Virtuose on February 23, 2022, 08:18:42 PM

Hello everyone,

This is the first time I'm going to buy a Token on the BNB chain and I would like some advice before buying. In reality it is mainly to be sure that it is not a scam. An internet acquaintance recommended it to me and I'm not sure because others say it's a pump and dump token so I'm not sure what to think although it looks interesting. So if someone who knows it well could confirm to me that it is not a pump and dump that would be very nice

I don't want to get dumped for my first purchase!

That's a scam token aka pump and dump token. You just need to see how small liquidity that owned by this token. This can be a point why it will be related to the pump and dump token. Please https://coinmarketcap.com/currencies/rainbow-token/ see the all time chart and that will enough to be used as a proof if that's a pump and dump token.

Quote from: Virtuose on February 23, 2022, 08:18:42 PM

People say devs resell their own tokens but devs say it's for marketing. So I don't know what to think.

That's a trick by the developers and don't believe them. they didn't want the liquidity go out from their token and that's why they are fooling people by saying it will be used for the marketing purpose. You have bunch of legit tokens are in big discounts right now due to the bitcoin bearish trend.

Virtuose

newbie

Activity: 9

Merit: 0

Hello everyone,

This is the first time I'm going to buy a Token on the BNB chain and I would like some advice before buying. In reality it is mainly to be sure that it is not a scam. An internet acquaintance recommended it to me and I'm not sure because others say it's a pump and dump token so I'm not sure what to think although it looks interesting. So if someone who knows it well could confirm to me that it is not a pump and dump that would be very nice

I don't want to get dumped for my first purchase!

So the token information:

Website : https://rainbowtoken.finance
Crypto : Rainbow Token
Symbol : RAINBOW
Binance Smart Chain Contract: https://bscscan.com/token/0x673da443da2f6ae7c5c660a9f0d3dd24d1643d36
Dev wallet checker : https://poocoin.app/rugcheck/0x673da443da2f6ae7c5c660a9f0d3dd24d1643d36

People say devs resell their own tokens but devs say it's for marketing. So I don't know what to think.

Thanks for your advices!

PS: This is in no way promotion, I couldn't find anywhere else to ask and I was advised this forum for seriousness.

Seb

Topic: Need advice for a token before mass buying please - page 2. (Read 199 times)