another shitcoin another scam.... or? BURRRD

[BabyBandit]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

[Wiwo]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or?  

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in any way if that's needed to say.

So what are you saying in essence,  do you speculate that this meme coin will be worth gambling on,  no doubt the team already stated it all and it is left for investors to make the decision either to buy into it or let it be.

We have a lot of meme coins and the hype is still not over yet and for that, we are sure to come across such coins which with such promises that make it a gamble.

[tsaroz]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

There are many of similar meme coins I've encountered. There was/is a coin that advertised "The team of this coin has had their last project grow upto x156 times.
That just means they are capable of pumping this coin to a large number and then dump it to create a new coin like they did previously. Though they don't provide any info of their last project and we just need to trust their app.
Funnily enough I invested $50 on them and got $150 profit in a matter of days. I didn't wait for the x100. The project got listed on CMC and is now trading above to what I sold for.

[goaldigger]

This is why you should always read everything about the project before thinking about buying.
Though this is a meme token so what we can expect? If there's no hype most probably the top meme token will also be a useless project. Be careful on dealing with the meme token, they are being manipulated and the hype might happen any time same thing with the profit taking from the manipulators. If you are new in cryptomarket, buying meme token is not advisable because this is too risky to handle.

[jrrsparkles]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

If you are not aware that's how the journey of Dogecoin started as well, may not be explicitly mentioned it but the project started as joke but look what is the situation of Dogecoin now and its one of the frontrunner for the types of coin called memecoins.

Irony is the founder of Dogecoin sold all his coin to buy a Honda, if he held them then he would be a billionaire now.

[electronicash]

they are honest though. so if you voluntarily invest then you know already what will happen to your money. this is a straightforward dev team and this means you have no one else to blame when you lose any dollar you have, consider it a donation.

it's a fun meme though and with the insane kids today, i wouldn't be surprised to see someone put their money into this Getetama NFTs they are offering to its investors. i can already imagine how fun the telegram channel is.

[Bushdark]

Thanks for the updates and this is the reason why we have to be very careful how we make decisions in the market. The Crypto market is huge with plenty of good and bad coins. We need to do research before we make any financial decisions. If we form the habit of doing research before we buy any coin, this will sage us the stress of investing in a bad that would soon end up in a rug pull. I will really have to appreciate op for us effort to inform the community about this coin that has no true value in the market.
 

[Y3shot]

Honestly,  they are very honest to let people what they are up to , if other projects can be sincere like this very one I think the rate which people lose their money on projects like this will reduce,  with what they stated, I think it is left  for investors to go for it or not.. but a reasonable investor won't choose to go for a project like this when their are clear evidence of it being a failed project in the future. It is important for people to make research in where they are investing their money.

[Adreman23]

When it comes to meme coins, that's usually what you'll often read no intrinsic value and just for fun. Many meme coins seem to mimic the originator, Dogecoin. However, I think if you invest in one now, it's like gambling. The creators of the coin are often the biggest holders, and they can choose to dump it whenever they want. Personally, if I were to choose to invest in a meme coin, I'd go for the original, Dogecoin, as I feel safer with it, considering it more of an investment rather than a gamble.

[Makus]

Wow, I admire the honesty of the developers of this coin. Such coins cannot be tagged as shitcoin because even if the value of the coin increases the developers seem to be genuine, but at has already been stated clearly that the coin was built for entertainment purpose only. So buying such coin should be just for fun and not to be considered as a real investment that will bring profits or returns. Op thank for the information, this is the more reason why we tell people to do their research before diving into any coin for investment. There are lots of scam project out there and the only way to identify one is to study.

[batang_bitcoin]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

You've already put a disclaimer and why you think someone has to invest in it. Yes, it's a meme coin and that's the reason why people shouldn't invest in it.
I guess you have the answer from your own post but if someone is too curious and are into meme coins, that's your decision and money there. Not everything that you see are profitable. And if the project turns into a scam, then there's no one that you should blamed if you have invested on it.

[kamvreto]

More such shitcoins are now popular and profitable for their original holders, but they have a lot of losses on their eventual holders. It's like a pump and dump scheme that keeps happening. Shitcoin will remain a shitcoin, just taking advantage of the hype and stupidity of others to get in and eventually exchange their money for this worthless coin.

[BabyBandit]

More such shitcoins are now popular and profitable for their original holders, but they have a lot of losses on their eventual holders. It's like a pump and dump scheme that keeps happening. Shitcoin will remain a shitcoin, just taking advantage of the hype and stupidity of others to get in and eventually exchange their money for this worthless coin.

Yep that's what it is and what people should see them as nothing else.

[deathcode]

I have no connection to the coin or the team behind it in anyway if that's needed to say.

What made you interested until you created a thread related to this shitcoin?
you can see quite a lot of shitcoins on the Solana network. somehow that's a lot of new shitcoins. some even have almost the same name.
we often see the hype brought by the Solana network. and the shitcoins or memecoins there have increased unreasonably. whether it can be sold or not. but I saw some people sharing screenshots of shitcoin price increases that don't make sense.

[Cvetik56]

Well, at least I can give them credit for being honest and self-aware. But it still doesn't make me want to buy this token.

[Bureau]

The disclaimer make me wonder will increase the investment in this memecoin or will decrease it. They are truly depicting themselves as a joke and making themselves far better than the other memecoins in the market. I liked the way they are projecting themselves. I did visit their website and it looks very attractive than other memecoins website.

[BabyBandit]

So what are you saying in essence,  do you speculate that this meme coin will be worth gambling on

Nop

This is why you should always read everything about the project before thinking about buying.
Though this is a meme token so what we can expect?

Yes and nothing.

they are honest though. so if you voluntarily invest then you know already what will happen to your money. this is a straightforward dev team and this means you have no one else to blame when you lose any dollar you have, consider it a donation.

it's a fun meme though and with the insane kids today, i wouldn't be surprised to see someone put their money into this Getetama NFTs they are offering to its investors. i can already imagine how fun the telegram channel is.

Yes they are very honest. or at least I think?  

I have no connection to the coin or the team behind it in anyway if that's needed to say.

What made you interested until you created a thread related to this shitcoin?

It's a forum and in a forum you discuss things? and as I say in OP. I found their website out.

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or?  

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

If you are not aware that's how the journey of Dogecoin started as well, may not be explicitly mentioned it but the project started as joke but look what is the situation of Dogecoin now and its one of the frontrunner for the types of coin called memecoins.

Irony is the founder of Dogecoin sold all his coin to buy a Honda, if he held them then he would be a billionaire now.

When you mention it, a bell actually rings. Even more fun I saw some meme token named like "Nothing special a cheap Honda" or something like that when I was scrolling a day ago, lol.

Well, at least I can give them credit for being honest and self-aware. But it still doesn't make me want to buy this token.

Right?  

The disclaimer make me wonder will increase the investment in this memecoin or will decrease it. They are truly depicting themselves as a joke and making themselves far better than the other memecoins in the market. I liked the way they are projecting themselves. I did visit their website and it looks very attractive than other memecoins website.

I also wonder the same thing two days ago, but be very careful! Straight down since yesterday as expect, will probably just be one of all the others. -
https://www.geckoterminal.com/solana/pools/Cr7z6x8zuV3xLmuLj5bMNhnRB7FoCg88mKNL6BcxknW1?utm_medium=referral&utm_source=coingecko&utm_campaign=livechart-btn

Happy new year to everyone.

[EarnOnVictor]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

Hehehe;D...Since Solana is more scalable now and its recent performance speaks for itself, a lot of people and developers are turning to it. We have to be extremely careful about what is happening now, not that the token you mentioned is a scam but definitely there will be enough scams on the blockchain now, while some will be fake projects. When a blockchain is being appreciated as we see now, many projects will come, but it is the first ones that are mostly successful.

I believe people are now trying to replicate the success of the likes of BONK, but many of such will fail and people's money will be swindled on noticing that unless the developers are indeed good and success-inclined. More are now being developed on memes, with no serious project or value, which calls for extra caution.

[kentrolla]

Hey, I found a small funny thing yesterday this token on the Solana blockchain BURRRD so I checked up their website. https://www.burrrd.club/ at least they are honest about what it is or? 

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.


I have no connection to the coin or the team behind it in anyway if that's needed to say.

There are many of similar meme coins I've encountered. There was/is a coin that advertised "The team of this coin has had their last project grow upto x156 times.
That just means they are capable of pumping this coin to a large number and then dump it to create a new coin like they did previously. Though they don't provide any info of their last project and we just need to trust their app.
Funnily enough I invested $50 on them and got $150 profit in a matter of days. I didn't wait for the x100. The project got listed on CMC and is now trading above to what I sold for.

These are way too risky and only good for people who do gambling because it's no less than gambling and I would never be endorsing such things because it can literally break a person's life of they invest everything and the coins goes zero. I agree there are coin which can give us infinite returns like meme coins but the question here is how many meme coins have been able to achieve such feat? We have no idea about number of failed meme coins if you look at the number it's scary and if we just callout one or two project which has pumped it's misguiding people to invest into shit coins hence I would say we should refrain from promoting such project indirectly though we don't intend but still by our opinion others might get tempted.

[Yamifoud]

"Disclaimer BURRRD is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.

It is a warning indeed but doubt if the participant spends time visiting the site and seeing this. I was sure that many people were still blind about airdrops, just like what people said - sweet promises could easily make someone a fool.

If there is another term we can call this project aside from scam and shitcoin, that would fit it as it is more than that I believe.
It was not a sort of criticism in meme coins or Solana network but can't feel right to use the platform to deceive people and scam them. That is why I support crypto regulation to avoid these things.