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Anyone who has been in the crypto space has probably fallen into these two types of traps.
Either holding onto "zombie coins" tightly, waiting for a miracle rebound, or mistakenly entering the "infinite issuance and pump-and-dump coins" trap. I personally suffered from this early on—almost lost all my 20,000 USDT. Today, I’ll break down the tactics behind these two types of coins.
**Type One: Outdated Altcoins**
How to identify these coins? It’s actually quite simple.
First, look at the technology—if the code hasn’t been touched in years, the tech stack is already outdated. Then, check the community—Telegram groups are dead, not a single message for days; Twitter accounts are active but only posting buzzwords—riding the AI wave or the metaverse trend—without any real action.
What’s the most heartbreaking? Exchanges delisting them at will. Last year, I held a certain altcoin that suddenly faced this—an announcement was made, and it was wiped out the same day. No chance to cut losses or react. Later, that coin became a "digital souvenir"—the project team had already run away ages ago, and the price just kept sliding day by day.
**Type Two: Infinite Issuance Pump-and-Dump Coins**
Even more outrageous is this type. The project team treats the token like printed money—once the unlock period hits, they start dumping aggressively. What happens? Early investors cash out and run, retail investors are left holding the bag. The longer you hold, the more you lose—inflation rate is faster than real fiat currency.
OMG’s price dropped from $20 to $0.2—a 99% decline. STRAT is even close to zero now. Even FIL, every unlock causes a sharp dip—how many people have been repeatedly exploited?
You think you’re bottom-fishing, but in reality, your money has long become the profit of the manipulators.
**A Few Words from the Heart**
Sincerely advise: don’t be fooled by "low prices"—that’s not an opportunity, but a trap; don’t be deceived by "sentiment"—outdated projects 99% won’t make a comeback; don’t get close to "inflation tokens"—your holdings are basically a cash machine for others.
If you’re unsure whether your coins have fallen into these two traps, carefully consider the project’s technological progress, community activity, and tokenomics, or consult a professional.