🚨 $BTR BULLS — ARE YOU SURE YOU KNOW WHAT YOU’RE BUYING? 👀
I took a quick look at the Binance Alpha due diligence, and there are a few things $BTR holders probably shouldn’t ignore.
If you’re thinking about going ALL-IN, here are some risks worth understanding:
⚠️ 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 can’t easily trade.
⚠️ 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.
⚠️ 3. The rules can change
Some of these permissions can potentially be modified. Whether they’re changed for better or worse is anyone’s guess.
And then there’s this 👇
🔓 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.
I’m NOT saying a dump is guaranteed. ❌
I’m saying the possibility exists, and pretending these risks don’t exist is just gambling with your eyes closed. 😂
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 shouldn’t ignore.
If you’re thinking about going ALL-IN, here are some risks worth understanding:
⚠️ 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 can’t easily trade.
⚠️ 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.
⚠️ 3. The rules can change
Some of these permissions can potentially be modified. Whether they’re changed for better or worse is anyone’s guess.
And then there’s this 👇
🔓 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.
I’m NOT saying a dump is guaranteed. ❌
I’m saying the possibility exists, and pretending these risks don’t exist is just gambling with your eyes closed. 😂
DYOR before aping in.
Risk management > blind conviction.
#BTR #BTRFLY
