🍌 Keeping an eye on $BANANAS31 amidst (still unproven) rug pull claims. Here’s what I found through my personal investigation:
1️⃣ The price jump to $0.06 in minutes raised eyebrows. With a 10B supply, that’s a $300M capital move—hard to believe that the owner of a such a young project like this can collect 300M dollars to pull this off. Suspicious? Yes. Conclusive? No. 🕵️♂️
2️⃣ There are rumors of bananas31.org being down and deleted completely? This is false, I've checked. Site’s live, offering 200% APR for staking Bananas31 currently. Tempting indeed, but I’ll be waiting for the air to clear before I decide to stake. 🌬️
3️⃣ There are also rumors that a big holder “dumped” huge amount of $BANANAS31 causing a price spike in the process. 🤯 Economics 101 says that doesn’t add up: having more of something in the markets cause the price to go down of the same thing, not up. 📉
🎯 Personal conclusion: I remain long-term bullish but I'll be moving forward with 🍌caution.
I'll be watching closely how things peel out in the coming weeks before I decide if buying big amounts of $BANANAS31 is still worth it or not.
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⚠️ Disclaimer: This is not financial advice. DYOR.
