đš $BTR BULLS â ARE YOU SURE YOU KNOW WHAT YOUâRE BUYING? đ
I took a quick look at the Binance Alpha due diligence, and there are a few things $BTR holders probably shouldnât ignore.
If youâre thinking about going ALL-IN, here are some risks worth understanding:
â ïž 1. Trading can potentially be paused
The contract appears to have functionality that could stop on-chain transfers/swaps. In simple terms: you could potentially be holding a bag you canât easily trade.
â ïž 2. Supply can potentially be expanded
The current contract setup appears to allow additional tokens to be created. New supply entering the market could obviously change the dynamics for existing holders.
â ïž 3. The rules can change
Some of these permissions can potentially be modified. Whether theyâre changed for better or worse is anyoneâs guess.
And then thereâs this đ
đ Around 19.22M $BTR reportedly unlocked today roughly 1.92% of the current maximum supply.
Where those tokens ultimately go? Nobody knows for sure. They could simply remain unused⊠or they could eventually reach the market.
Iâm NOT saying a dump is guaranteed. â
Iâm saying the possibility exists, and pretending these risks donât exist is just gambling with your eyes closed. đ
DYOR before aping in.
Risk management > blind conviction.
#BTR #BTRFLY
I took a quick look at the Binance Alpha due diligence, and there are a few things $BTR holders probably shouldnât ignore.
If youâre thinking about going ALL-IN, here are some risks worth understanding:
â ïž 1. Trading can potentially be paused
The contract appears to have functionality that could stop on-chain transfers/swaps. In simple terms: you could potentially be holding a bag you canât easily trade.
â ïž 2. Supply can potentially be expanded
The current contract setup appears to allow additional tokens to be created. New supply entering the market could obviously change the dynamics for existing holders.
â ïž 3. The rules can change
Some of these permissions can potentially be modified. Whether theyâre changed for better or worse is anyoneâs guess.
And then thereâs this đ
đ Around 19.22M $BTR reportedly unlocked today roughly 1.92% of the current maximum supply.
Where those tokens ultimately go? Nobody knows for sure. They could simply remain unused⊠or they could eventually reach the market.
Iâm NOT saying a dump is guaranteed. â
Iâm saying the possibility exists, and pretending these risks donât exist is just gambling with your eyes closed. đ
DYOR before aping in.
Risk management > blind conviction.
#BTR #BTRFLY
