Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?
it's just simple demand.
$24 million hard cap but $100+ million in interest = sold out in seconds. easy as that
It's as simple as sell it to yourselves or insiders that are refunded for a pretend hard cap of 24M because of course they would rather have 24M dev funding than the 100M interest lol
Then get it to exchanges and all the insiders that got it for nothing then collude to buy and sell to themselves generating fake volume whilst pumping the price higher and higher and sucking in fomo noobs.
Prettybuds is an obvious pumping shill for lots of insider projects
Make a note to yourselves to avoid any pump and dump insider scams he mentions or defends.
With unregulated icos and insta ico is exactly the same as 100% premine.
Assume the worst with these insider schemes. The entire mc is inflated by a host of these crap scam projects that were not there a few months ago.
Look for old projects with real road maps with actual progress being made over long periods of time.
A list of these shills and scammers should be created and updated so that they keep having to make new accounts ... zero post accounts that come pumping are auto assumed as the scammers they are 99.9999% of the time.
It;s as simple as this. If i said to you that you can have 100M (the interest in the project he claims) or you can have 24M .... why would you want 24M and not 100M??
One reason only. It's a type 2 ico inside collusion market making scam. Get ready to see it on coin market cap (the most misleading scammers tool) for 100M so you all assume these investors made 4x their investment.
They can hold it at 100M or raise it to 1BN very simply just by colluding and selling and buying from themselves only paying fees most probably have arrangements with exchanges to even get reduced fees. This fomo sucks in investors so the few whales and insiders that got the tokens for free gradually extract millions and millions of dollars before the project is reveal as the crap it always was.
Then they create a new project and do the same shit over and over.
Wise up.
Just look at the top 100 MC... most of the new ICO projects have NOTHING but a pipe dream and a road map. They will never complete half their road maps and the development funds will be gone.
Most icos are scams pure and simple. The devs know there is zero chance of those road maps ever getting done.