Locked liquidity refers to a mechanism used in crypto projects to prevent or limit the ability of individuals or entities to manipulate the market by buying and selling large amounts of tokens. It involves locking a certain amount of tokens in a smart contract or liquidity pool, making it inaccessible for a certain period of time.
How locked liquidity works
When liquidity is locked, it means that the tokens or cryptocurrency are kept in a smart contract or liquidity p
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You guys are really joking or what. I have purchased your #GPS token but not yet received a single coin yet as compensation and you guys are saying that compensation is done.
GoPlusSecurity
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Completion of $2M Additional Compensation Plan for Eligible Binance Users
We previously announced we had allocated $2 million in additional funds for direct compensation to users as part of our Remedy Plan, to be distributed directly through Binance to users who made net purchases between March 4th at 21:00:00 and March 5th at 17:55:59 (UTC+8) on the Binance platform.
We are pleased to announce the distribution has been completed and we thank @binance for facilitating. This completion represents our commitment to addressing community concerns and protecting user interests. ▶ All compensation payments have now been successfully delivered to eligible users' Binance accounts ▶ The compensation process was conducted with full transparency ▶ We will continue to work collaboratively with Binance to strengthen market stability
With this chapter behind us, we are now fully focused on: ▶ Strengthening the connection and integration between our product services and the GPS token ▶ Accelerating product development and ecosystem expansion ▶ Establishing more transparent and timely processes for community feedback, communication, and engagement
$GPS team have announced in thier official twitter that they #Binance have compensated the affected users and distributed $2Mil to the affeced users but in real fact they are lying because I myself had opened a 3x long position on Binance on 4th and right now I am down like $3796 and they have not even laid me a single penny. What sort of transparent distribution is that.
They have paid to some ramdon users but still cannot figure out their selection point. Even though they have compensated some of the users but you will be shocked to know that they even didnot refunded 10% of the lost funds.
What sort of scam is this? And I am surprised that our @Binance Customer Support is also not taking any action for the sake of the users.
I can share all my transaction details about the purchase but I havenot received a single penny. Sammers @GoPlusSecurity you ruined my entire life. I am going to file legal suit against you guys dirty thieves.
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$GPS your team is fully fulled with scammers dude. You guys cheated and rugged all the investors are were silent completely these days despite questions being asked about the compensation plan and buyback. Now when the community started to show their anger by voting for delisting you just posted on twitter and saying is was your fault to not communicate with the investors. You @GoPlusSecurity guys did it intentionally. Still in your announcement the compensation plan for #Binance users are missing. We constantly were showing our love and supporting the project even tjough you rugged us. But it is over we are fed up of you guys.
Vote for the scam tokens #GPS to get delisted. This scam project have ruined us totally. Theay mentioned tahat binance will compensate the users but no such announcement was made by @Binance so we all.should vote for it getting delisted
#GPS about to explode now forming a very bullish pattern. The team also announced that they are going to repurchase tokens worth $4 million from the market itslef.
Those who have bought in 4th and 5th will get compensated by the binance as well as the team will be buying back tokens worth 4 min and then burn them creating demand in the market for #GPS .
Finally #Binance came up with an announcement about the compensation plan for #GPS holders.
@Binance announced that this crash was because of MM so the project team @GoPlusSecurity will officially make an announcement on the compensation plan.
I got very much relief hearing this announcement of Binance but one thing that is making be confuse is that I opened a 3x long position on #GPS and now suffering from very huge loss (almost my life earnings). Will I get compensated too? @Binance Customer Support
#GPS team what a shame on you guys. still small investors are believing you and investing in your project guys and you are sgill dumping the market.
On #Binance trading data we can clearly see that Big whales are selling and small investors are purchaging your scam token.
Till the team is dumping the market. Yesterday in their TG I heard that the team is going to make announcement for saving the retail investors but still they are dumping the market. Shame on you guys.
This is what happens when you take risk in new launched coin $GPS .
The most corrupted and unexperienced team couping up with the project.
The project #GPS is not bad but the individuals who are managing it are trully corrupted. They completely destroyed the small traders.
The team is not even taking the responsibility yet. They are blaming others and giving lame explanation that they were not informed about the listing before. How could this happen? They really think we are fools to accept their words.
I have 5 years of trading experience but what I felt bad is that our most trusted platform on planet earth #Binance could also have taken action them such as halting/stoping the trading of the token at the launch time once they felt the discremency.
Now atleast the team should come forward and take the responsibility and compensate their valuable investors with announcing actions like buyback or burning supply.
If the team stays silent that means it is clear that they are involved in the scam.
We request #Binance to burn the remaining tokens of #GPS which you received for #Airdrop purpose. If anyone agrees with me please mention in the comment below so that team @Binance get to know it.
#PI network is makes waves over the crypto space since last few weeks and many exchanges are listing $PI Network. It is one of the most huped project that do exist now.
Binance will soon list #PiNetwork on its platform as we have recently seen that they were taking audience views on listing of PI. Almost 90%+ audience have given positive resonse over the listing of PI Network.
So, we may see the listing announcement of PI Network on #Binance in any moment.
*Key factors to consider while trading #pi on Binance:- If PI Netwprk gets listed on Binance donot immediately go for it because intially we may see a dump because this coin is already in the market.