strong buy
Concerns Over Unlimited Supply Issuance and Market Manipulation in Cryptocurrencies
The entire supply of all circulating products is often overlooked by the team, as they have achieved a 16,000% profit. For products that are not in circulation, each time a market 3x in six months, new supply is issued. Some coins had an original supply of 1 billion, now increased to 1.18 billion. The team repeatedly issues unlimited supply and sells high during these six-month cycles. This could go on indefinitely. I feel very saddened; I spent 8 years saving money to buy a car, only for Ceek to take my car away.
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AI Analysis
The opinion raises concerns about the inflationary practices of crypto teams that continuously issue new tokens, potentially devaluing existing holdings. The reference to a 16,000% profit hints at ear...
AI Recommendation
Investors should exercise caution and conduct thorough due diligence before engaging with projects exhibiting unlimited token issuance. Diversifying investments and avoiding assets with unchecked infl...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.