Guys wake up, another Chinese mafia-style scam finally just dropped:
@MMTFinance, yet another basic DEX that does absolutely nothing new, launching on another irrelevant chain no one is using.
Makes total sense that
$MMT is up +300% on the day at a $1.3B FDV, with completely organic volume that’s, of course, 12x its mcap.
I’m sure that’s also thanks to the strong TVL momentum. You know, the kind that goes from $650M to $200M in a week.
The Binance chart looks amazing too, classic Burj Khalifa formation. A clear sign of greatness.
Jokes aside, every project launching on BuidlPad looks exactly the same: nobody cares, but they somehow turn into massive large-scale pump and dump.
The worst part? Scammy CEXs keep enabling this playbook just to fill their pockets, burning not only their user base but also the remaining trust in the market.
It’s exactly this kind of behavior that keeps putting the entire altcoin market in a bad light - a market that’s still mostly driven by crypto natives and retail investors, who end up getting rekt and burnt out by these playbooks.
Idiots get hyped over a $200 airdrop, not realizing how destructive and negative EV this is for the ecosystem in the long run.
We really need to stop destroying ourselves.