📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Recently, a virtual money called moco has attracted the market's attention. Although the project party has abandoned the management of this coin, and most of the tokens have been destroyed, some criminals are still taking advantage of this situation to engage in illegal activities.
These people have formed multiple so-called 'communities' and are trying to attract more investors by constantly depicting a bright future and making false promises. They frequently push information, creating the illusion that this coin will become some kind of 'successor', with the aim of driving up the coin's price.
However, these so-called communities are actually 'wild farms' set up by some speculators. They take advantage of the price increase to sell off in large quantities, thereby making a profit. This behavior is essentially a cycle of harvesting retail investors, with new investors constantly being deceived into the market while early speculators take the opportunity to exit.
What is more concerning is that these so-called communities have started to restrict members from speaking, a practice that is very similar to the behavior observed when a Ponzi scheme is about to collapse. Investors should be vigilant and beware of falling into the traps of such scams.
In the virtual money market, similar scams are not uncommon. Investors need to thoroughly understand the project background, be wary of overly rosy promises, and always maintain rational judgment. Only in this way can they protect their interests in this risk-filled market.