A token project claiming transparency actually reveals serious red flags. According to community analysis, $SCAT suffers from significant structural problems—at least 71% of tokens appear to be bundled within a coordinated ecosystem tied to Swopshop's funded wallets. This concentration pattern is classic for coordinated dumps and exit scams. The project claims clean distribution with no sniper wallets, but on-chain evidence suggests otherwise. If you're considering this token, the risk-reward profile is heavily skewed toward danger. Community members are flagging this as a potential scam setup, not a legitimate project. Proceed with extreme caution or avoid entirely.
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A token project claiming transparency actually reveals serious red flags. According to community analysis, $SCAT suffers from significant structural problems—at least 71% of tokens appear to be bundled within a coordinated ecosystem tied to Swopshop's funded wallets. This concentration pattern is classic for coordinated dumps and exit scams. The project claims clean distribution with no sniper wallets, but on-chain evidence suggests otherwise. If you're considering this token, the risk-reward profile is heavily skewed toward danger. Community members are flagging this as a potential scam setup, not a legitimate project. Proceed with extreme caution or avoid entirely.