CBB (xpl era)
Low tier trash VC who backed scams like Manta Network suddenly has an opinion about extraction in...
164 days agoCBB (xpl era)Cbb0fe
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The crypto space, particularly for "shitcoins," is characterized by a "farm and dump" dynamic at Token Generation Events (TGEs). Investors should be wary of projects like Manta Network that rely heavily on incentives and airdrops, as these often attract participants focused on quick extraction rather than long-term value. This suggests a high-risk environment where profits are primarily made by early participants dumping on later ones.

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CBB (xpl era)

By Cbb0fe

Riding the ponzi of magic internet money