{"id":45793,"date":"2023-08-08T05:44:18","date_gmt":"2023-08-08T09:44:18","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/tbot-token-is-up-10000-in-24-hours-but-blockchain-experts-say-it-has-a-hidden-100-tax-function-heres-what-theyre-stacking-instead\/"},"modified":"2023-08-08T05:44:20","modified_gmt":"2023-08-08T09:44:20","slug":"tbot-token-is-up-10000-in-24-hours-but-blockchain-experts-say-it-has-a-hidden-100-tax-function-heres-what-theyre-stacking-instead","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=45793","title":{"rendered":"TBOT Token is Up 10,000% in 24 Hours But Blockchain Experts Say It Has a Hidden 100% Tax Function \u2013 Here’s What They’re Stacking Instead"},"content":{"rendered":"
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As hype around telegram trading bots such as Unibot continuesd to grow, Turbobot token (TBOT) has been the latest straight-to-DEX product launch to undertake a sensational skyrocket price move.<\/p>\n

Launched on August 7, Turbobot token gained explosive growth after igniting a flood of volume which drove price up +34,200%.<\/p>\n

This comes amid a massive amount of interest around telegram-based trading bots, which connect to DEX markets and conduct trades according to pre-defined rules on behalf of traders.<\/p>\n

However, red-flags are now emerging with allegations of a hidden 100% tax function, which makes it impossible for intrepid DEX traders to realize their gains.<\/p>\n

TurboBot Price Analysis: Is TBOT Doomed to Fail?<\/strong><\/h2>\n

At 3am in the early hours of August 7, TurboBot token was launched on DEX markets, instantly garnering significant investor attention that ignited 4 consecutive hours of explosive upside price action.<\/p>\n

Despite the initial 7,250% rally, there was a major retracement (-50%) as European DEX markets awoke to the sensational move.<\/p>\n

However, a strong support zone established around $0.002650 quickly bought up the sell-pressure, and this strong footing unleashed a monumental +190% movement over the next 5 hours as more than $200k in volume flooded into the project.<\/p>\n

With price topping out at an all-time high of $0.0075, on paper gains for early investors stood at a staggering +34,200%<\/p>\n

Yet, as price action seemed to be posting an altcoin moon-shot, a crisis began materialising for bag holders – a hidden 100% transaction tax.<\/p>\n

This prevented freshly-minted investors from realizing their astronomical gains as any attempt to sell would cause the loss of everything.<\/p>\n

Panic around the 100% sales tax catalysed the collapse of impressive technical structure – unhinging a seismic -80% dump.<\/p>\n

Yet, despite more than 367 bag holders left with nothing, not all is lost – as eagle-eyed traders have already began to move onto the next project gaining explosive traction in the crypto community.<\/p>\n

Wall Street Memes Goes Viral As One Million Strong Community Fuel +$22m Presale<\/strong><\/h2>\n

As the meme coin vertical makes a resurgence, there is one project on everyone’s watchlists and it’s not Dogecoin or JIM, the latest market entrant making waves on Crypto Twitter is Wall Street Memes.<\/p>\n

In a testament to the skyrocketing growth, the $WSM token community now stands one million strong, with the presale exceeding all expectations to amass +$22m in presale funding.<\/p>\n

The humungous feat is almost unprecedented for new meme coin projects that are yet to even hit the DEX markets, and investors are taking notice as the project emerges as a top choice for the biggest coin launch of Q3 2023.<\/p>\n

In a meme coin homage to the anti-bank investors that took on Wall Street, $WSM is aiming to transform powerful Wall Street Bets community sentiment into a tangible asset – seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.<\/p>\n

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But what really has investors flocking in, is its democratic price point at just $0.0331, the WSM presale has surged with $22.2m raised. and with the speed of the presale growing faster by the day, there is a clear signal that investors could unlock lucrative gains with $WSM, not least because of the built-in +30% for presale investors in the initial listing.<\/p>\n

Wall Street Meme’s Favourable Tokenomics Will Lead to CEX Listing<\/strong><\/h2>\n

In keeping with the original anti-bank philosophy, $WSM will be allocating 30% of the token supply to community rewards, with an additional 20% going towards liquidity, and 50% up for grabs in the presale – this is a democratic project for the masses.<\/p>\n

And this no-team split has fuelled the project’s explosive growth on social media, with the Wall Street Memes community now amassing an impressive +1m followers in the community.<\/p>\n

This explosive community growth is likely to incentive major CEX listings such as Gate.Io, which could propel the $WSM token on an incredible moonshot.<\/p>\n

With a proven track record stemming from the success of the Wall Street Bets NFT collection, this project continues to thrive off the original moment in history when $WSM exploded onto the scene.<\/p>\n

Don’t miss your chance to secure a slice of the next skyrocketing meme token.<\/p>\n

Buy $WSM Here<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n