🛑 SCAM ALERT: DO NOT Fall For The $ICP "Old ATH" Trap!
I'm seeing dangerous posts spreading fake hope about $ICP hitting $600 or $1,000 soon. This is a trap designed to make you FOMO and lose money.
The Hard Truth:
- The Launch Price Was a Fluke: The initial price of $600+ was due to extreme supply lock-ups and manipulative initial trading in 2021. It was not a sustainable price.
- The Real Value: The current price reflects the market's much more realistic valuation with a much larger circulating supply.
- The Trap: Scammers use these impossible targets to lure new, uninformed traders into buying their bags at inflated prices.
Protect your capital! Do not trade based on nostalgic, unrealistic price targets. Trade based on current Technical Analysis and Fundamentals.
DISCLAIMER & STAY SAFE:
This post is for awareness and EDUCATIONAL purposes only. ALWAYS Do Your Own Research (DYOR). If a gain looks too good to be true, it is.
#CryptoScams #Awareness #ProtectYourCapital #FakeHype
