⚡️Yesterday saw the launch of the new GraFun launchpad
🟡Things didn’t exactly go smoothly. Even without factoring in the numerous technical issues users faced problems. Many who created #tokens and paid fees didn’t see them listed and the purchased supply also wasn’t reflected. Some transactions didn’t go through at all, though fees were deducted.
🟠Five hours after the start, the team reported over 4,000 tokens had been created, but only 36 have made it to listing so far, with some already ending in rug pulls. For example, #CROOGE, which was gaining momentum through a bonding curve, was dumped by its creators immediately after hitting the #DEX. Similarly, #BabyBNB was bought up at launch by a handful of wallets before being presented to the public.
🟡This reminds us of the SnekFun launch on the #ADA network. No matter how things are going, we can clearly see that trading volumes are draining away from these platforms.
🟠So, for every success story of someone turning $100 into millions, there are thousands who lost their $100.
🔤TierUp CryptoDaily
🟡Things didn’t exactly go smoothly. Even without factoring in the numerous technical issues users faced problems. Many who created #tokens and paid fees didn’t see them listed and the purchased supply also wasn’t reflected. Some transactions didn’t go through at all, though fees were deducted.
🟠Five hours after the start, the team reported over 4,000 tokens had been created, but only 36 have made it to listing so far, with some already ending in rug pulls. For example, #CROOGE, which was gaining momentum through a bonding curve, was dumped by its creators immediately after hitting the #DEX. Similarly, #BabyBNB was bought up at launch by a handful of wallets before being presented to the public.
🟡This reminds us of the SnekFun launch on the #ADA network. No matter how things are going, we can clearly see that trading volumes are draining away from these platforms.
🟠So, for every success story of someone turning $100 into millions, there are thousands who lost their $100.
🔤TierUp CryptoDaily