⚠️ Project $NEOCHAIN: when big promises turn into a big failure
This startup promised to revolutionize blockchain gaming: fast transactions, eco-friendliness, and true decentralization. Right from the start, investors poured in over $350 million, and the hype on social media was insane.
Buttttt:
🔻 Critical bugs in the code prevented the network from launching on time.
🔻 The team failed to secure partnerships, promised collaborations fell through.
🔻 Whales withdrew the majority of the coins, pushing the price into a steep decline.
🔻 Instead of development — constant excuses and delays.
In a month, $NEOCHAIN lost over 92% of its value, and investors were left with empty wallets.