? SENTRY: EPUMP (EPUMP)

This delayed honeypot was probably launched by the same repeat, well-funded scam team, and is currently trending #1 on DexTools.

Takeaway: just because a token is trending and DexTools socials has been paid for, doesn't mean it's safe.

Stay non-sticky ?

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iToken - Ethereum

***🛑*** SENTRY: EPUMP (EPUMP) Scan: ***🛑*** Hard Scam Pair: EPUMP / WETH (Uni V3) CA: 0x0e6198fF068B08C85715eE157Ee47a7a1c35a4bf Supply: 20,000,000,000 (+18 decimals) ***🔗*** TG ***🤷‍♂️*** | Web ***🤷‍♂️*** | Twitter ***🤷‍♂️*** | Code | Deployer | Holders ***📊*** DexT | DexV | Defined | Screener…

First, Player VS Player.

Then, Project VS Project.

Now, Community VS KOL's, or CvK.

It seems as though the space has entered a period of civil war with excessive bundling of supply being the primary culprit.

Suggestion to marginally improve the situation (although it'll never be perfect):

Within reason, decide what the optimum / max percentage of supply should be retained by the team through bundling e.g. 30% - 40%.

If a team bundles and controls more than that, transparently burn or lock the excess.

The primary argument for controlling an excessive amount of supply is to protect against jeets / snipers so why not secure the excess.

Pitchforks lowering...

For the most part (in my personal estimation, assume +95% of projects), what can be expected from the current emerging utility season?

Based on the previous utility followed by AI utility seasons:

1. False / larp / vapourware utility. Even if anything is delivered (most teams will abandon once the chart drops), it'll be useless and equivalent to investing in production of the latest tech gadget only to receive a virtual empty cardboard box from a vacated HQ located in Broken Promises Tower...if you're lucky.

2. An approx 5/5 trade tax. It's important that gullible investors pay for the privilege of being swindled short to long-term.

3. Supply bundled or sniped to high heaven i.e. the team will own +50% of the total supply. This'll mostly be distributed to the team + influencers (assume 0.5% - 1% per influencer), both of which will quietly bleed the chart whilst singing the project's virtues in order to lure unsuspecting newcomers and keep existing holders on the line.

4. Project and product titles prefixed or suffixed with AI for that additional wow factor.

5. Themed around physical infrastructure, Telegram bots, chains, technical safety...whatever flies.

6. Slicker looking websites with AI generated content.

7. Valid criticisms countered with "they're just fudding for entry".

8. Pre-launch calls. The idea is to acquire as much trade tax generated ETH as possible, and the sooner the better. So be wary of any account that posts pre-launch utility project calls.

There are some genuine, talented teams out there working hard to create actual utility, but often you'll need a good technical nose to sniff them out.

Stay safe ?

P.S. this was not AI generated.

Token: BULL (Ethereum is Good) CA: 0xB17e388adD8a7D057D0DA853a2C28f7ec50BdB59 Careful here. The assigned tax wallet, which in this case is the deployer wallet, can set the sell tax to whatever despite the contract being renounced. If set high, that would…

For context, and since the dev seems like a good guy tbh, and since this nugget decided to attack rather than fix what he did. @WaYneZ97 (biscuit dev, very nice guy from the one experience I had with him) sent this nugget @EVsniper 2% of BISCUIT for a call (ngl I wouldn’t send this brokie even 0.1%) who dumped it all in one go and stopped answering the team. Was mainly the reason for the big dip from 400k to 150k.

Off to the next tron rug. Stop sending jeets free money.

Pump.notfun

When time allows, I'll try to follow up on this because I've quietly withheld a theory about a ring of pro-false utility tax farming scumbags.

Just realised that my last post surrounds the subject of suicide. Not a good look ? Moving on... iToken is about to list its first BASE token advert. Should be coming through soon (testing in prod for the win). Stay safe ?

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iToken - Ethereum

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