With a low DEXTscore and several other good contract warnings, new crypto cash with a US election theme have topped the each day gainers charts on DEXTools.
In contrast to centralized crypto exchanges (corresponding to Binance, Coinbase) anybody can listing a brand new cryptocurrency token on a decentralized trade (Uniswap, PancakeSwap) and infrequently tokens pumping by tens of hundreds of p.c on a DEX are crypto scams.
Elon Musk Twitter House Parody Conjures up New Crypto Shitcoins
Whereas some ‘shitcoins’ might be purchased and bought for a revenue by skilled merchants, the $TRUMP token for instance has a 98% transaction tax on promoting it, which some freshmen could also be trapped by.
The brand new crypto tokens seem to have been impressed by a viral parody of Elon Musk’s Twitter House, that includes DeSantis, George Soros, Klaus Schwab, Dick Cheney, Adolf Hitler, the Satan and Trump.
President Ron DeSantis Token
President Ron DeSantis (RON) token has a blacklist perform, modifiable tax and different points within the computerized audit outcomes displayed on its dextools.io page.
RON token at present solely has 69 holders regardless of pumping over 30,000%, and a 53/99 score.
That would recommend its worth explosion shouldn’t be actual natural demand from consumers trying to spend money on a Ron DeSantis coin.
One other new coin on Uniswap Belief The Ponzi (TRUST) can also be trending, a reference to QAnon phrase ‘belief the plan’ over the past US election race.
On Could twenty fourth a $BIDEN token additionally appeared on Uniswap earlier than instantly retracing its preliminary pump.
Donald Trump Token
Donald (TRUMP) has a 98% promote tax, that means any consumers will lose all however 2% of their tokens when closing a place, and a really low project reliability score of 19/99.
There are 77 holders of $TRUMP token. With its low liquidity, little or no actual shopping for quantity is required to pump it by a big share within the 5 figures.
Whereas consumers could also be drawn in by seeing the Trump coin worth up over 10,000%, they will be unable to take revenue and understand any beneficial properties.
Secure New Cryptocurrency Tasks
Earlier this week religious themed coins had been the most recent new crypto craze, which we reported additionally had related points with their Uniswap pairs.
We have reviewed many protected new cryptocurrency cash right here at CryptoNews, some on the presale stage and others not too long ago listed on Uniswap or centralized trade (CEX) platforms.
In complete we have picked out 19 new crypto cash with excessive development potential for 2023 and heading into 2024, together with a mixture of meme cash and utility tokens.