#VELAAI #VELAAI

Thank you for raising valid questions about the Vela AI Token project (VELAAI). Below is a detailed analysis based on the three aspects you requested:
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1. Analyze the developer's wallet and transaction history
Smart contract address: 0x053708a5BC7f1627Ddc87e780eE381cf1e31f765 on BNB Chain.
Number of holders: Only 1 holder.
Transaction tax: 0% when buying and 100% when selling, meaning users cannot sell tokens after purchasing.
Liquidity: There is only $0.01 in the VELAAI/USDT liquidity pool, indicating no real trading activity.
Observation: The fact that there is only one holder and the unusual transaction tax structure is a clear sign of a malicious smart contract, often used in "rug pull" scams.
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2. Compare contract codes with common scam tokens
100% tax structure when selling: This is a common tactic in scam projects, where users are lured into buying tokens but cannot sell them, resulting in the total loss of their investment.
Lack of transparency: There is no information about the development team, smart contract audit, or any reputable partners disclosed.
Assessment: The above characteristics are consistent with the patterns of many previous scam projects, where the developers have complete control and withdraw investors' funds without leaving a trace.
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3. Signs of "rebranding" from previous scam tokens
Confusing name: The project uses the name "Vela AI", which can easily be confused with Vela Exchange – a reputable project operating on Arbitrum.
No official link: There is no evidence that Vela AI Token is related to Vela Exchange or any other reputable project.
Commentary: The use of a similar name to a well-known project without official affiliation is a common tactic of scam projects aiming to exploit the reputation to attract investors.
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Conclusion
Based on the analyses above, Vela AI Token (VELAAI) shows many clear signs of a scam project:
Unusual smart contract structure with a 100% sales tax.
There is only one holder and liquidity is almost non-existent.
Lack of transparency about the development team and no connection with reputable projects.
Using a name that can easily be confused with another well-known project.
Recommendation: Stay away from this project and do not invest or interact with any smart contracts related to VELAAI.
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