Greenmoon going 4000+% in 24 hours !

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Brickbat1

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I just jumped in haha... This is crazyyyyy!!! From their website, price will increase 12.5 percent every 8 hours!!.. Though its a rebase token though - meaning the number of tokens you hold will continue to decrease but will remain in the same proportion to the circulating supply as it was when you bought - so you still have the same percentage.

Its another level of trickery but smart trickery.

The price rise actually means nothing - BUT THE TRICKERY OF IT IS THAT MANY PEOPLE SEEING IT TRENDING ON CMC DONT KNOW THAT .. BRILLIANT!!!

What you need to take note of is the marketcap at the time you buy. If the marketcap doubles, then your money has doubled.

my goodness these guys are smart tricksters...
 

Repose

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Can you elaborate on that? I'm trying to understand this right now...
I kinda understand that this can't really be 'legit', but is it essentially a scam or not?


Basically you have to look at the market cap and not the price to evaluate?
 

Brickbat1

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Can you elaborate on that? I'm trying to understand this right now...
I kinda understand that this can't really be 'legit', but is it essentially a scam or not?
Its not that its not legit, its not a scam so long as you can enter and exit the token at will. The trickery of it is that up until today, I never knew what a rebase token was....and there are many more like me...and most of us will jump in first when you see a $200 price rise for the few minutes you are looking at the chart - we will jump in first before we ask questions..and therefore, the price will keep rising, marketcap will keep rising.

So its essentially luring new buyers with the crazy price increase to get the actual value indicator - the marketcap to increase.
 

Repose

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Its not that its not legit, its not a scam so long as you can enter and exit the token at will. The trickery of it is that up until today, I never knew what a rebase token was....and there are many more like me...and most of us will jump in first when you see a $200 price rise for the few minutes you are looking at the chart - we will jump in first before we ask questions..and therefore, the price will keep rising, marketcap will keep rising.

So its essentially luring new buyers with the crazy price increase to get the actual value indicator - the marketcap to increase.

Thanks, I think it clicked for me now, this is indeed pretty cunning lol
 

Brickbat1

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next time post before the 300% + increase op :D lol
Ha ha.. i just saw it mate... I was about leaving my pc when I just said to check CMC a bit.... (been working on some token trends there) ..and then I noticed the price galloping before my eyes ...:):)
 

R4v3nbl4ck

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I saw this coin mentioned somewhere a week ago and didn't research or buy it.
Now that the price is already up from $0.00000000001 to $800 I wouldn't invest more than $100.
It could turn out to be a rug pull waiting for the price to increase even more.
 

Brickbat1

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I saw this coin mentioned somewhere a week ago and didn't research or buy it.
Now that the price is already up from $0.00000000001 to $800 I wouldn't invest more than $100.
It could turn out to be a rug pull waiting for the price to increase even more.
hey you did'nt read my explanation? The price is irrelevant (maybe I should hide this info ;)) . Its marketcap that counts. Their liquidity pool balance on BScscan is still a miserly 22BNB as at this moment...

I do hope its not a rugpull though... because guys these smart might have devised a new way to rug pull we don;t yet know ha ha
 

R4v3nbl4ck

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hey you did'nt read my explanation? The price is irrelevant (maybe I should hide this info ;)) . Its marketcap that counts. Their liquidity pool balance on BScscan is still a miserly 22BNB as at this moment...

I do hope its not a rugpull though... because guys these smart might have devised a new way to rug pull we don;t yet know ha ha
Yes, I read how it works. The coin price goes up but your total amount of coins decreases proportionally so the only thing that matters is the market cap. Still, it could be a scam.
 

TheVigilante

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So we could have seen billionaires with this?
 

Brickbat1

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Elvlin

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lol what a new method to artificially make token mooning.
 

SocialManager

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Dude report this thread yourself and ask mods to close it. people are going to get scammed with this trash.
 

Brickbat1

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Yeah I am beginning to think that indeed something does'nt sit right with this token. Some things dont add up concerning the top holders, unlocked dev wallet and the dev wallet activity thus far. Something doesn't sit right.

Well for the time being I can say if you go in at all, only do that with a punt. I don't think there is a need to close the thread, but that's up to the mods.
 

MisterF

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Yeah I am beginning to think that indeed something does'nt sit right with this token. Some things dont add up concerning the top holders, unlocked dev wallet and the dev wallet activity thus far. Something doesn't sit right.

Well for the time being I can say if you go in at all, only do that with a punt. I don't think there is a need to close the thread, but that's up to the mods.

You going to try cash out now or keep hold and hope for the best?
 

Brickbat1

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You going to try cash out now or keep hold and hope for the best?

I just exited. Its a very crooked elaborate scam. An hour ago, the dev wallet took out 44% of the LP tokens, effective stealing half the value from holders. And I pasted this screenshot in their Telegram and asked why they took out the LP tokens and guess what? They deleted it and banned me..ha ha. Well, lessons learned . Lost 50% of what I started with.


Mods, please close this thread @BassTrackerBoats . Thanks

ScreenHunter_628 Oct. 23 18.57.jpg
 

Jlon

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"The world's first non-gravity token that is mathematically guaranteed to only rise"
 
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