/biz/ - Business & Finance

quick rundown on ROOK
- anon devs
- audited by random companies (spelling/grammatical errors on their site)
- not listed on any major exchanges
- over 7-figures in ROOK owned by Polychain and Three Arrows Capital (known to dump)
- china fork

Now if that wasn’t enough for you, get a load of this. Su Zhu, the twitter handles owned by the developers, and the KeeperDAO have be dangling “games” in front of us for MONTHS. Why you might ask? It’s simple.

A lot of investors live by “Buy the rumour, sell the news.” This is especially true with ROOK. It’s bottom was $15, up over 2000%. If you look at top wallet, they have been dumping since $150. They want out. All of these “games” coming are just to provide exit liquidity for them. Good job playing into their hands. This screams peak pump and dump.

The current functionality is even funnier. “Here you go, take some ROOK for providing liquidity. Yeah i’m going to use your funds with a bot to make money. Yeah i’m also getting rook for doing this. Yeah I have no exposure to risk. If I lose it comes from your money, if I win I get the difference and i’m rewarded in ROOK that I dump immediately.”

I don’t get how anyone is getting memed into buying it. The Devs don’t even talk on the discord. It’s just the moderators (who get paid in rook daily) keeping it alive. There’s been no developments.

DYOR, but if you’re holding please sell until you understand what this is. For your own sake. ROOK will fuck you over.