DREADXWOLF

I did some research on #Nillion and found some red flags which indicates that it might be a scam and the reason is that its Max supply is nearly 50% less than its circulating supply. Some other reasons are:
Here's why:
* Trading Opens in the Future: The image clearly states "Trading opens on 03/24 13:00:00 (UTC)". The current date and time according to the context is Monday, March 24, 2025, at 9:43 AM PST. This translates to Monday, March 24, 2025, around 5:13 PM UTC. The image indicates trading will open at 1:00 PM UTC on the same day. This in itself isn't necessarily a scam, as new listings often have a scheduled opening time.
* Extremely High Circulating Supply Compared to Max Supply: This is a major red flag. The image shows a:
* Max Supply: 100 Million
* Circulating Supply: 195.15 Million
This means there are significantly more tokens in circulation than the stated maximum supply. This is mathematically impossible and strongly suggests inaccurate or fraudulent information about the tokenomics. Legitimate cryptocurrencies have a clearly defined and limited maximum supply.
* Very Low Market Cap for Such a High Circulating Supply: With a circulating supply of 195.15 million and a market cap of only ₹367,406.42 (approximately $4,400 USD at a rough exchange rate), the price per token would be incredibly low (around $0.0000225 per token). While low prices aren't always indicative of a scam, this extreme discrepancy, especially coupled with the impossible circulating supply, is suspicious.
* Push for "Advance Order": The prominent call to action to "Place an advance order to stay ahead" can be a tactic used in scams to create a sense of urgency and encourage people to invest before they have a chance to do proper research.
In conclusion, the discrepancy between the circulating supply and max supply is a critical warning sign. This strongly suggests that the information provided about the NIL (Nillion) token is either fundamentally flawed or intentionally misleading.
It is highly advisable to exercise extreme caution and avoid investing in this token without thorough and independent verification of its legitimacy and tokenomics from reputable sources. Do not rely solely on the information presented in this image.
Here's what you should do:
* Independently verify the token's existence and details: Check reputable cryptocurrency data aggregators (like CoinMarketCap, CoinGecko), official blockchain explorers (though the linked Mintscan explorer might be for a different chain if the supply numbers are wrong), and the project's official website (be wary of unprofessional or suspicious-looking websites).
* Research the team and whitepaper: Look for a transparent and credible team and a well-documented whitepaper explaining the project's goals, technology, and tokenomics.
* Be wary of promises of high returns and pressure to invest quickly.
* Never invest more than you can afford to lose.
Disclaimer: This is just my opinion as per my research. Please As it can be seen here, it is saying that max supply is less than circulating supply.
@Binance Customer Support

Hey guys do you also want to earn #2000USDC #tokens for free ? Well it's the time now to grab this golden opportunity to earn #2000usdc for free just by inviting your friends to #binance .
Use the given refferal code or link to earn :
Code: GRO_14352_BW57U
Link: https://www.binance.com/referral/earn-together/refertoearn2000usdc/claim?hl=en-IN&ref=GRO_14352_BW57U
Some rules:
1. Each eligible user can complete up to 6 referral rounds to earn up to 2,000 USDC in token vouchers.
2. To unlock USDC rewards in a round, users must reach 100% progress by inviting friends to complete the required tasks. Otherwise, the progress accumulated in that round will be void if the 10-day period for each round passes.
3. Each successful task completed by eligible referrals will boost your round progress by 0.005% to 10%.
4. The rewards for each round will increase progressively with the difficulty of the tasks. To unlock higher rewards, you will need to invite more users. The rewards for each round are as follows:
- Round 1: 50 USDC
- Round 2: 80 USDC
- Round 3: 120 USDC
- Round 4: 250 USDC
- Round 5: 500 USDC
- Round 6: 1000 USDC
II. How to Participate and Tasks
1. Each participant should follow these steps to join the campaign.
-Step 1: Click [OK] to begin a new referral round on this campaign page.
-Step 2: Share your unique campaign referral link/ID from this page with your friends.
-Step 3: Encourage your referred friends to complete the required 3 trade tasks to boost your round progress.
-Step 4: Repeat the above steps until your round progress reaches 100%.
2. Required Tasks for New Referrals: New referrals must complete the following trade tasks via Spot or Convert. Each task completion will boost the inviter's round progress once.
-Task 1: Achieve a cumulative trading volume of over $100
-Task 2: Achieve a cumulative trading volume of over $300
-Task 3: Achieve a cumulative trading volume of over $1,000
3.*As an exclusive benefit for new referrals from this campaign, each task completion will also boost their own progress. New referrals should ensure they start the round before completing tasks.
Ⅲ. Terms and Conditions
1. Certain regions or countries are not eligible to participate in this activity. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
2. Each new user can only be referred to Binance via one referral mode. New users registered through this activity's referral link will not be eligible for rewards from other referral modes.
3. Trading volumes on Spot zero-fee trading pairs and USDT/DAI, as well as any Convert trades between USDT, USDC, FDUSD, TUSD, DAI, USDP, USTC, BUSD, AEUR, and EURI, will not be considered valid trading volume.
4. Referrers can boost their reward progress bar by 0.005% to 10% with each task completion of every successful referral during the Promotion Period. The value of the boost will be determined by the referrer’s historical activity with Binance.
5. Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion. This includes, but is not limited to, registering from the same IP or device, bulk account registrations to farm additional bonuses, and any other activity connected with unlawful, fraudulent, or harmful purposes.
6. Binance reserves the right of final interpretation of this promotion.
Detail Rules

Progress
Tasks

Task1:Invite Friends to Trade>$100
Invite friends to register and cumulatively trade more than $100 via Spot or Convert to get a one-time boost.
Ensure you have an ongoing round before your friends register and your friends complete the tasks during the same round that they're invited, Otherwise, there will be no boost from their task completion.
As an exclusive benefit for new users from this campaign, each task completion can boost their own rounds one time. Just make sure to start the round before task completion.

Task 2: Invite Friends to Trade >$300
Invite friends to register and cumulatively trade more than $300 via Spot or Convert to get a one-time boost.
Ensure you have an ongoing round before your friends register and your friends complete the tasks during the same round that they're invited, Otherwise, there will be no boost from their task completion.
Encourage your referred friend to trade $200 more if that friend completes Task 1.

Task 3: Invite Friends to Trade > $1,000
Invite friends to register and cumulatively trade more than $1,000 via Spot or Convert to get a one-time boost.
Ensure you have an ongoing round before your friends register and your friends complete the tasks during the same round that they're invited, Otherwise, there will be no boost from their task completion.
Available Rewards

2,000 USDC in Tokens
Complete up to 6 rounds to unlock up to 2,000 USDC in token vouchers.
Limited rewards with a total prize pool of 500,000 USDC

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