📉 The Alpha project is becoming increasingly outrageous, today $XO was yet another farce.
Today, I received the second batch of airdrops for $XO, and the market just tanked:
Some sold for 10U, while others surprisingly sold for just 3U.
That's even less than the previous free airdrops.
The project team started pulling liquidity yesterday afternoon, and now the entire pool is only left with 1000 dollars; if two people sell, the floor will collapse.
Even more ridiculous is that 40% has not yet been claimed; if there’s a secondary distribution, it’s basically on the path to zero.
👎 To be honest, this kind of irresponsible token issuance is not the first time. None of the so-called "alpha projects" on the Sui chain are different:
Raise expectations → Issue worthless tokens
Project teams pull liquidity in advance → Community becomes an ATM
Airdrops are like candy, and the subsequent value is worthless.
We are not against accepting losses, but we cannot keep picking up these kinds of "quick-death projects" time and time again.
Web3 is not lacking in speculation, but it needs more caution. As a prominent content platform, shouldn’t Binance Square also implement some screening in its recommendation mechanism?
🧠 Being responsible to users is not just about "content freedom"; there should also be a "basic bottom line."
#吐槽 #Web3空投 #SUI链 #Alpha #XO币 #BinanceSquare #Don’tFallForWorthlessProjectsAgain