🚨 Red Flags in the $ERA Token:
1. Top 10 Holders Own Over 99%
This is very alarming. It suggests that a very small group controls almost the entire supply, which means:
* They can dump the token at any time
* The price can crash instantly with little warning
* Retail investors (like most people) will be left with worthless coins
2. Low Liquidity Risk
If those top holders sell even a portion, it could drain the liquidity pool, causing:
* Massive price drops
* Inability for others to sell — you could be stuck holding something unsellable
What This Usually Means:
This is a classic rug pull setup.
It might be a scam or pump-and-dump.
The tokenomics are dangerously centralized — which is the opposite of what crypto should stand for.
Advice:
* Avoid buying into such coins
* If you're holding some already, consider exiting before the trap is sprung
* Stick with projects that have transparency, fair distribution, and utility
Don't Fall for Hype
Tokens like this often use paid promotion, fake communities, or trending hashtags to lure in investors. Always DYOR (Do Your Own Research).
Conclusion:
You’re right to warn others. A token where the top 10 holders control 99% is not an investment — it’s a ticking time bomb.
#Write2Earn #CryptoScamAlert #ERATokenWarning #RugPullRisk #StaySafeCrypto