In the crypto market, fundraising figures can be completely fabricated. For example, a real project might only raise about 10 million USD, but the team may falsely claim that they raised 100 million or 200 million USD.
Their goal is to inflate the project’s valuation, thereby selling tokens at a higher price and reaping enormous profits.
So, never trust entirely what the project team announces. Check for yourself and carefully evaluate the project’s valuation before making any investment decisions.
Their goal is to inflate the project’s valuation, thereby selling tokens at a higher price and reaping enormous profits.
So, never trust entirely what the project team announces. Check for yourself and carefully evaluate the project’s valuation before making any investment decisions.
