⚠️ High Risk Warning: Minting Mechanism
"A minting mechanism has been discovered"
This means that the coin developer holds the "key" to issue billions of additional units at the push of a button.
This feature is often a precursor to price manipulation or sudden inflation that devours the value of your investment.
Do not venture into a project where one person has control over the total supply.
Caution is required, and due diligence should be exercised before execution.
Summary;
A strong warning about the risks of having a "minting" feature in the coin contract which grants developers absolute power to manipulate the available quantity and decrease the price.
Note; Guys, be cautious of this point as it is a trap for many.
$VOOI
VOOI
Alpha
0.040458
-5.60%
