Gravitoken

[Abel008]

Is anyone else investing in them? im loosing coins as its gaining value? Can someone explain why?

[zasad@]

https://www.coingecko.com/en/coins/gravitoken
https://medium.com/@Gravitoken?p=22b0e747e872
It looks like shit. I don’t understand how the price of the coin will rise and how the automatic buyback will take place.
You need to study the mathematics of this project, because "the transaction tax network of 9.81% ..."
The most important thing is that all the liquidity of the token is on the decentralized exchange PancakeSwap. This means that liquidity can disappear at any time.

[Abel008]

Thanks for the reply, i was doing a quick flip and noticed i was already up 3x the original amount, but threw me off once i saw my volume going low.
Anyone else playing it?

[PercT4b]

Is anyone else investing in them? im loosing coins as its gaining value? Can someone explain why?

I was looking at this coin right now and it looks really similar to another one called "Goes Up Higher", the same main mechanism is to create a permanently inflationary coin, so this suggest more a type of  scam than an actual opportunity.

The risk is, like the guy before me said, is that the developers can take the money and make them disappear whenever they want.

[zasad@]

This shit has grown another 10 times since yesterday. I don’t regret and I don’t have FOMO, because it’s a gamble and soon hamster haircut will start. The price increases only due to new investments, and when they run out, the price will drop sharply.
The higher the price, the more money the organizers of the project need to make the price rise.