CryptoGeek 💎

🚨 Beware of Honeypot Scams on @CoinMarketCap ! 🚨 Ever noticed small tokens in the Top Gainers list with 1000%+ returns in 24 hours? These can often be honeypot scams, and unfortunately, CoinMarketCap seems to do little to stop them. 🧵👇 #CryptoScams #CoinMarketCap 1/9

@VivekNewsX Yes

Altcoins at significant dips from ATH highs 👇 #VIRTUALS ➝ 49% 🔻 $TAO ➝ 42% 🔻 $MODE ➝ 72% 🔻 $S (prev. FTM) ➝ 31% 🔻 $WIF ➝ 69% 🔻 $FET ➝ 63% 🔻

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For anyone doubting the severity and depravity of the mass gang rapes of little girls in Britain, go to the source material and read the court transcripts. I did. It is worse than you could possibly imagine.

@Hindubd49346 @volker_turk @StateDeptSpox @marcorubio @TulsiGabbard #AllEyesOnBangladesh

‼️Where are the international organizations?‼️ 🇧🇩This is a video of media freedom in #Bangladesh.😆 @volker_turk @StateDeptSpox @marcorubio @TulsiGabbard

5/ Scams like these won’t stop unless platforms like @CoinMarketCap take proactive measures to safeguard the community. I urge you to clean up your platform, or I will escalate this matter further through the appropriate channels. #CryptoScams

🚨 Message to @CoinMarketCap 🚨 Your platform is enabling honeypot scams by listing fraudulent tokens in the Top Gainers list. These scams trap users by allowing deposits but blocking withdrawals. It’s time you take responsibility or face the consequences. 🧵👇 #CryptoScams

4/ If @CoinMarketCap continues to ignore this issue, I won’t hesitate to take further steps, including ✉️ Writing an official complaint via email ⚖️ Exploring legal options for negligence You have a responsibility to protect your users. Act now before it’s too late. #CryptoSafety

3/ @CoinMarketCap, take immediate action: ✔️ Identify and delete honeypot tokens. ✔️ Implement better safeguards to detect scam tokens. ✔️ Warn users about the risks of interacting with suspicious tokens. Your inaction is unacceptable and damages trust in the crypto space.

2/ These honeypot tokens reflect: Unrealistic returns of 1000%+ in 24 hours. High fake trading volumes to appear legitimate. Yet, @CoinMarketCap does nothing to vet or remove them, putting innocent investors at risk. Ignorance is not an excuse. #CryptoAwareness

What is a honeypot token? A honeypot token is a fake smart contract where you can deposit funds (transfer in) but can’t withdraw them (transfer out). These scams are common on #CoinMarketCap, where such tokens are frequently listed as Top Gainers. #CryptoSafety 2/9

How do these scams lure victims? Unrealistic returns like 1000%+ in 24 hours High trading volumes to appear legit Prominently displayed in @CoinMarketCap Top Gainers list CMC’s system doesn’t filter out such scams, making it easier for scammers to trap users. 💡 #ScamAlert 3/9

Here’s how the scam works: You see a token showing massive gains. You think, “This is my chance to get rich!” You buy the token, but when you try to sell, you can’t. The smart contract is one-way only. Your funds are gone, & #CoinMarketCap does nothing to prevent #CryptoTips 4/9

Why does this happen? The scammers design the smart contract to block anyone but themselves from withdrawing funds. Despite these being scams, #CoinMarketCap lists them as Top Gainers, providing scammers with free publicity. Shouldn’t there be better safeguards? 🤔 5/9

How to protect yourself: ✔️ Don’t trust Top Gainers blindly, especially small-cap tokens. ✔️ Avoid tokens with unrealistic returns (1000%+ in a day). ✔️ Verify smart contracts on tools like honeypot.is @CoinMarketCap isn’t doing enough to protect users. 6/9

Message to @CoinMarketCap : You need to do better. Vet small-cap tokens more thoroughly. Implement safeguards to detect scams. Warn users about potential honeypot scams. Crypto adoption will only grow if users feel safe. Stop ignoring the problem. #CryptoCommunity 7/9

Stay safe! DYOR (Do Your Own Research). Use trusted platforms. When in doubt, don’t invest. Crypto is full of opportunities, but scams like these can wipe out your funds in seconds. 🚫 #CryptoScam #StaySafeCrypto #CoinMarketCap 8/9

Share this thread to spread awareness about honeypot scams and #CoinMarketCap ’s role in enabling them. Let’s push for change and protect our community. 💪 #CryptoScams 9/9

Planning a detailed research on #honeypot scam on @CoinMarketCap , how CMC is a catalyst in scam and does nothing about it. If a website honeypot.is an detect and warn users of potential threat,.why can't CMC do it for it's listed tokens