I just dug into the on-chain data, and those addresses in the front row look quite dispersed, but in reality, there are quite a few tricks hidden. They seem to have done a good job on the surface, making it difficult for the average person to notice, but if you carefully examine the related transactions, you can spot the clues.
In simple terms, it means waiting for the fat sheep to take the bait. Has Casio already entered the market? It's a typical case.
I've seen this kind of trick many times: the issuer breaks the chips into very small pieces, creating the illusion of decentralized holdings, but in reality, it’s all controlled by their own people. Once the hype builds up and retail investors take over, they dump the shares and leave.
When engaging with on-chain projects, it's important to pay attention to the address correlation, not just surface data. Some things may be hidden deeply, but that doesn't mean they don't exist.
View Original
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.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
HappyMinerUncle
· 5h ago
It's an old trap.
View OriginalReply0
NFTHoarder
· 5h ago
Once again deceived by false decentralization.
View OriginalReply0
TokenVelocityTrauma
· 5h ago
Another sucker play people for suckers
View OriginalReply0
AirdropSweaterFan
· 5h ago
It's another trap for retail investors.
View OriginalReply0
Layer3Dreamer
· 5h ago
Check address clustering first.
Reply0
BearHugger
· 5h ago
Be careful of chasing the price and getting played for suckers.
Be careful with the $PSTR project.
I just dug into the on-chain data, and those addresses in the front row look quite dispersed, but in reality, there are quite a few tricks hidden. They seem to have done a good job on the surface, making it difficult for the average person to notice, but if you carefully examine the related transactions, you can spot the clues.
In simple terms, it means waiting for the fat sheep to take the bait. Has Casio already entered the market? It's a typical case.
I've seen this kind of trick many times: the issuer breaks the chips into very small pieces, creating the illusion of decentralized holdings, but in reality, it’s all controlled by their own people. Once the hype builds up and retail investors take over, they dump the shares and leave.
When engaging with on-chain projects, it's important to pay attention to the address correlation, not just surface data. Some things may be hidden deeply, but that doesn't mean they don't exist.