Warning: Things with Pulses and X's (Patreon)
Content
As I always say
"If a product is aggressively marketed or sold, it's likely a scam or of low quality."
My radar has peaked of late when I see people tagging me on Twitter - and they pump things like Radix, Pulse, Hex etc
Let's dig into Radix:
Stories are picked up by Crypto Rags and pumped by FinTwit, Reddit and even crypto influencers. BEWARE.
Re RADIX - take a look at the CoinMarketCap overview (highly recommended!) and you'll see that this project has undergone several rebrands and restarts since its inception in May 2013. With all the recent hype and pumping, it's hard not to see it as a classic pump and dump scheme. While it's important to beware of emotional investing, it's worth noting that this project lacks solid metrics to justify its massive price increases. Is it a scam? I'm not sure, but the WARNING signs are all there.
In addition, you all know names like HEX, PLS, PulseChain etc are all Richard Heart scams.... Pulse Chain is an ETH hard fork except all the data is missing....
Needless to say they all have HORRENDOUS Crypto Compendium Scores.
If there is no DATA - it is a huge RED FLAG.
Be safe out there team!!!
PS Nope I am not looking into projects with horrendous tokenomics and no adoption