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      Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

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      Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

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    Home»Altcoin»Exit Scam In This Altcoin: Price Collapsed 96 Percent!
    Altcoin

    Exit Scam In This Altcoin: Price Collapsed 96 Percent!

    cryptossorBy cryptossorKasım 22, 2021Yorum yapılmamış2 Mins Read
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    While people still can’t forget the scam with the SQUID token inspired by the Squid Game, an exit scam has emerged in a new altcoin project. This time, another cryptocurrency protocol called Tsuzuki Inu has been scammed.

    Exit scam alarm in meme-themed altcoin project

    Allegedly, the Tsuzuki Inu team carried out a suspicious exit scam of millions of dollars in investor funds worth millions of dollars. After this news, the price of Tsuzuki Inu (TZKI) dropped almost 100 percent. It is trading at $0.00000000002 at the time of writing.

    Twitter users noticed that the developers allegedly took all the liquidity from their investors. Transaction history on Etherscan shows that they converted ERC-20 tokens to 265 Ethereums with a valuation of over $1,157,125. TZKI has been in circulation since March of this year and is promoting itself as both meme coin and game currency. It recently held a free raffle to increase the legitimacy and price of the token. TZKI has a total supply of 1 trillion with locked liquidity.

    Reportedly, the developers asked investors to exchange TZKI v2 tokens by sending TZKI tokens to the swap contract account. Since then, the protocol’s Twitter channel has been disabled, while the Telegram channel has been unresponsive. The Tsuzuki Inu scam is reminiscent of the Squid Game token rug-pull that the market has recently suffered from. Cryptocoin. com

    As we reported , the cryptocurrency inspired by the hit Netflix series collapsed days after its valuation increased by over a thousand percent, and the developers escaped with $ 3.38 million.

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    Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

    By cryptossorTemmuz 2, 2022

    Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as…

    Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review

    Temmuz 2, 2022

    Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

    Temmuz 2, 2022

    Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020

    Temmuz 2, 2022

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