so many builders out here doing the real work through thick and thin and you are still trying to quick-flip every other project
no wonder we have so many rugs in the space
I've been seeing way too many NFT rugs lately.
just saw what happened with Stackers. $400 to $4 in a single day with their X and Discord now gone.
unfortunately NFTs are becoming more and more like memecoins.
anyone can launch a collection, build some hype, make money and disappear.
this space should be getting better and safer but somehow it's getting worse.
please be careful with what you mint and what you hold. if you're up, take some profit when you can.
and remember nobody can guarantee that a project won't rug. just because communities, kols or big influencers share it or it has thousands of people in Discord, doesn't mean it's safe.
a wl or gtd spot doesn't mean you have to mint. always make your own decision.
at the end of the day, the founders and devs are responsible for the project. if they decide to rug and disappear, especially if they're anon, there's not much anyone else can do.
i still love NFTs and probably always will but we all need to be more careful with what we trust just because there's hype around it.
ALWAYS PROTECT YOUR MONEY FIRST. 🫡