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/biz/ - Business & Finance


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File: 6 KB, 225x225, PPAY.jpg [View same] [iqdb] [saucenao] [google]
28499782 No.28499782 [Reply] [Original]

Hi guys, newfag here.
There is a Rubic thread here where I found PPAY.
After my research, it really does seem like a secret gem to me and I looked at the team etc and didn't find anything negative.

Can you enlighten me? Is there a catch?

>> No.28499824

>>28499782
I've just seen another thread on it and am interested, shill for us lads.

>> No.28499898
File: 148 KB, 350x350, beer.png [View same] [iqdb] [saucenao] [google]
28499898

>>28499824
how does number go up sound anon?

>> No.28499899
File: 57 KB, 1258x735, firefox_W8ysM81SZp.png [View same] [iqdb] [saucenao] [google]
28499899

>>28499782
Top wallet owns 52% of the circulation. Probably gonna get dumped on. I can't see any locked liquidity.

>> No.28499907

https://youtu.be/ImtQ6xw66kE

>> No.28499921

>>28499782
Obviously they aren't good at marketing if you are saying this. One negative for you

>> No.28499968

I think it's yet another pajeet shitcoin that looks good at first glance until you see that top wallet.

>> No.28500599

>>28499899
Okay thank you. If you say probably you mean its very probably scam or there could be another reason for this huge wallet? I am new and have trouble assessing the risk for that wallet dump.

>> No.28500895

>>28500599
It's not really a risk. It could lead to situations like chainlink is in, where sergay dumps millions of links on the market to take advantage of buying pressure. I'd imagine that wallet belongs to the PPAY team, as the sale of tokens can raise capital. It's generally in their best interest to not dump to the point of crashing their own token's price.

>> No.28502299

>>28499899
Yea that's a huge red flag. I'm out

>> No.28502422

>>28499899
>>28502299
But isn't there a difference between owning 50% of what's in circulation and owning 50% of the maximum supply?

>> No.28503100

>>28500895
Okay thanks, I will buy a small bag