Warning Re Another New Crypto (Patreon)
Content
Warning about KASPA ($KAS):
With our engine we can quickly tell if a token has any potential - this one is a fat zero.
As you know, I can tell when something is a scam by how hard it is marketed.
Here are some of the red flags that indicate that KASPA is a scam:
- It is heavily marketed. This is a common tactic used by scammers to lure in investors.
- People are reaching out and claiming it is something it is not. This is another common tactic scammers use to create hype and make people believe that the investment is legitimate.
- The manipulation pumpage is high they are urgently trying to lure folks into buy the token so they can dump it.
Examples of BS
"Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG – a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid single-second block intervals. Built by industry pioneers, led by the people."
"KASPA is my only high conviction spec play now. Once people embrace PoW chains that can do Smart Contracts, SOL will fade like most other L1s."
Beware out there - Scammers are ramping up and Crap Coins are all over the place. There will be a select few names that win over time.