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Encryption detective reveals SLUT Token eyeglass scheme, warning traders not to fall into the garbage coin trap.
On July 6, a crypto detective posted that a crypto KOL had launched a token named SLUT and invited other KOLs to promote the coin. Chat records show that a KOL's Wallet Address received 22 million SLUT Tokens. However, the token issuance failed and subsequently fell into obscurity.
The encryption detective's summary suggests that traders should think of the following when they see new popular tokens:
• There are many transactions behind the scenes;
• Scammers try to deceive other scammers;
• If both parties do not deceive each other, they will deceive you.
"If you are trading these junk coins, then you are basically the last participant in the chain trying to extract money as quickly as possible. Your chances of winning are almost zero."