Safemoonart was launched with great fanfare. Linked to Elon Musk, even though he's busy eating donuts. Investor FOMO enters, prices pump, Telegram group filled with shouts of "to the moon!".
Then suddenly, the developer updated the status with one word: "Cibaduyut." Investor is confused… "What does this mean?" Not long after, the liquidity was completely drained. The lost value is more than 8 billion rupiah. The token has turned into a display in the wallet — cannot be sold, cannot be cashed out.
And the highlight, the developer casually said: "Pretty good for Eid bonus."
If there is a token that only has a cool name, linked to celebrities, and has developers who love strange code... It could be that what flies away is not the price of the token, but your money to someone else's wallet. 💸
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📜 THR Lebaran Token Cibaduyut Case
Safemoonart was launched with great fanfare.
Linked to Elon Musk, even though he's busy eating donuts.
Investor FOMO enters, prices pump, Telegram group filled with shouts of "to the moon!".
Then suddenly, the developer updated the status with one word: "Cibaduyut."
Investor is confused… "What does this mean?"
Not long after, the liquidity was completely drained.
The lost value is more than 8 billion rupiah.
The token has turned into a display in the wallet — cannot be sold, cannot be cashed out.
And the highlight, the developer casually said: "Pretty good for Eid bonus."
If there is a token that only has a cool name, linked to celebrities,
and has developers who love strange code...
It could be that what flies away is not the price of the token, but your money to someone else's wallet. 💸