British Virgin Island, Oct. 13, 2021 (GLOBE NEWSWIRE) — Irrespective of the tremendous growth of the crypto market, it still lacks investor confidence. This emerging ecosystem is still witnessing unexpected rugs after Initial DEX Offerings (IDO). As a result, hundreds of thousands of dollars, if not millions, are being stolen from investors.

Though young projects with innovative ideas hold immense potential in terms of return on investment (ROI), the process of fundraising via IDOs contains little protection on investments. Due to the decentralized nature of blockchain, funds once sent on the network can’t be recovered once rugged.

Establishing very low initial market capitalization indeed supports token price but as token values and market capitalizations are being pulled out of thin air, it carries higher risks of price falls after DEX listings. Nevertheless, investors are also played by artificial marketing making…

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