Alert: some $THE tokens inspired by VitalikButerin might be associated with a honeypot scam w/ PeckShieldAlert nansen_ai
Here's what is wrong with the token inspired by Ethereum's creator - and why it might be dangerous for retail customers to purchase THE right now.THE token, a new meme coin, was launched on Oct.14, 2022 as a responce of Vitalik Buterin suggestion. Ethereum's creator was wondering why was this catchy sticker still free.
Someone should make a project called"THE Protocol", so that their shills can say"Look, soandso mentioned THE!" pretty much any time anyone says anything.Right after his proposal, a memetic token contract was deployed to Ethereum . 100 million THE was immediately transferred to Vitalik's address. In the next two days, the token was pumping like any other meme coin. However, experts from PeckShield alert, unveiled that some contracts associated with THE supply are actually honeypots: users can only inject liquidity to THE protocol, but withdrawals are blocked.
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