2026-01-13 07:30:23

A newly launched token backed by a prominent political figure hit the market with ambitious promises around community values. Within weeks, the project tells a cautionary tale: the asset has plummeted over 81% from its peak, raising serious red flags about sustainability.

Liquidity tracking platforms have exposed concerning mechanics beneath the surface. The core issue: suspicious LP cycling patterns indicate the team extracted roughly $1M through strategic liquidity shifts. This type of activity—repeatedly moving funds across pools to create artificial depth—is a classic playground for extracting value while retail holders absorb losses.

The incident underscores a recurring pattern in the crypto space: high-profile launches don't guarantee legitimacy. Even when backed by recognizable names, investors must scrutinize on-chain activity, liquidity structures, and team behavior before committing capital. For many who entered early on hype alone, the 81% loss serves as an expensive lesson in due diligence.

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TestnetFreeloader

· 11h ago

No matter how loud the name is, it can't prevent the pump and dump. How many people will have to pay tuition this time? --- Damn 81%, I just want to know how that one million dollars was openly transferred out. --- Only celebrities endorsing dare to go all-in? Really, this lesson is incredibly costly. --- The LP cycle, can you tell when the market is good... Anyway, I can't understand it. --- To those who bought in early, consider it as paying tuition. Be more cautious next time. --- Endorsement by political figures is useless; the essence of Ponzi schemes can't be changed. --- Another "community value" cover-up, hilarious. Does anyone still believe it? --- Honestly, such obvious pump and dump tactics can be detected. It just shows retail investors should pay more attention to on-chain data. --- Next time you see such high-profile launches, be cautious. It's a basic routine. --- A million dollars, just taken in front of everyone, and still have the nerve to call it decentralized.

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GateUser-bd883c58

· 11h ago

It's the same old trick... Celebrity endorsements are just so-so; a quick look on the chain reveals the true nature. Wait, is this another LP shell game? One million just disappeared like that? I heard 81% of people are now at a huge loss; this is the real community value... The bigger the fame, the deeper the trap. Next time, check on-chain data before jumping in. DYOR is really not just a slogan, everyone. Once again, we've been harvested... When will we learn our lesson? 81% drop in a week? At this speed, it's a work of art.

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screenshot_gains

· 11h ago

Celebrity endorsements have all failed, I'm truly done with it. This is just the daily life in the crypto circle. Another LP pool scheme, the team took out one million and ran away, retail investors are really the ultimate bagholders. 81% loss, some people's "tuition" is really expensive. I'm just watching.

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BlockBargainHunter

· 11h ago

Celebrity hype can't save a bad project, and LPs are just cycling through to cash out—it's all too clear to us. Honestly, this kind of move is just incredible. A million dollars was just transferred out like that, and the retail investors still believe in community value... An 81% loss—that's the best lesson. Next time, be more careful, everyone.

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TommyTeacher

· 11h ago

Celebrity endorsements can't stop a rug pull either; I'm tired of this trick. --- 81% loss... This is the price of following the trend, brother. --- It's the LP trick again, the team moving liquidity to cut the leeks, too outrageous. --- Just by looking at the name, I rushed in; serve me right for paying tuition. --- Gap opening and closing low has become the norm; next time, learn the lesson, check on-chain data before acting. --- A million just got wiped out like that; retail investors are always the last to take the fall. --- Community values? Wake up, this is just wrapping paper. --- That set of liquidity cycling tricks, a professional harvesting machine.

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ForkYouPayMe

· 11h ago

Another celebrity coin, no matter how loud the hype, it’s doomed to rug pull. I’ve been saying it, whenever you see "endorsed by a well-known figure," be cautious—it's all the same套路. LP cycling... old news, isn’t it? Just empty-handed grabbing a free lunch, the team runs off after the pump. Early investors get wiped out, latecomers just watch the show—that’s the crypto world, why bother? 81%... did anyone go all-in? The comment section is full of hype. Having a famous name doesn’t mean the on-chain data will lie, it’s that simple. Another project hiding behind "community value," they really think retail investors are all fools.

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DefiPlaybook

· 11h ago

Based on on-chain data, this project's LP cycle arbitrage model is a textbook-level rug pull—$1M in extraction scale, 81% decline. The data speaks for itself. It is worth noting that projects endorsed by well-known figures are often the most deceptive. According to historical case statistics, celebrity endorsements tend to become high-risk signals. It is recommended that everyone conduct on-chain monitoring before FOMO—monitoring TVL anomalies, LP depth, and contract permissions are all indispensable. If a $1M vulnerability couldn't be prevented, what about sustainability? That’s why I’ve always emphasized the importance of on-chain due diligence. Honestly, an 81% loss is already a blood price for many. But from a risk control perspective, this is actually the cheapest tuition—better than losing even more. The key question is: how many people will truly change their investment logic because of this? Or will they continue chasing the next hype?

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