A Token Without Utility That Deceived Hundreds

The Dark Side of Hype in Web3

In 2025, even with more education and experience in the crypto ecosystem, there are tokens that manage to attract hundreds (or thousands) of people without offering anything at all. This is the case of a token without utility, without a product… but with good marketing.

🎭 The “social experiment” disguised as innovation

An anonymous team launches a new token.

Attractive name. Eye-catching website. Buzzwords like “decentralization,” “Web3 revolution,” “community.”

But upon closer analysis, there is no technical whitepaper, no clear utility, no real use cases. Still, hundreds joined.

📈 How did they achieve it?

Hype on social media: Accounts on X and TikTok with thousands of followers inflated expectations with vague promises.

Artificially inflated TVL: The team moved liquidity between their own wallets to simulate adoption.

Fake yield: They offered very high returns on farming, but without economic backing or real flow.

Conditional airdrops: They required staking the token to qualify, trapping funds.

Bots in communities: Telegram and Discord filled with positive comments generated by bots.

💥 The Collapse

After a few days, the first withdrawal attempts showed that liquidity was very low.

The price dropped more than 90%.

The official account disappeared. Website offline.

And hundreds were left trapped.

⚠️ What can we learn?

✔️ A token without utility has no value, only speculation.

✔️ TVL can be manipulated. Always check on explorers.

✔️ If there is no product, no real users, no active organic community… it’s probably smoke.

✔️ Not everything that sounds good in Web3 is gold.

🧠 Conclusion

This case is not unique. In every cycle, new “social experiments” emerge that test the lack of analysis of many users.

Don’t fall into the mistake of confusing narrative with real utility. In crypto, transparency and genuine building remain the most valuable.