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How much trust do people have in shibaqua.io?

0.0

Total 0 reviews

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Reliable
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Trustworthy
0
Neutral
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Suspicious
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Untrustworthy
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shibaqua.io

Why is the trust score of shibaqua.io strongly low?

The website content and the information provided raise several red flags:

1. Lack of Credible Information: The website provides limited information about the project, its team, or its development roadmap. Legitimate cryptocurrency projects typically have detailed whitepapers, team profiles, and a clear roadmap.

2. High Total Supply: The total supply of 346,914,631,300 SHIB is unusually high for a cryptocurrency, especially for a new project. This can be a sign of a project designed for pump-and-dump schemes.

3. No Tax on Buy/Sell: The claim of 0% tax on buy/sell transactions is unusual and not a standard feature in legitimate cryptocurrency projects.

4. Community-Run with No Dev or Marketing Wallets: While community involvement is common in cryptocurrency projects, the absence of dedicated wallets for development and marketing is atypical and can be a red flag.

5. Stealth Launch: The mention of a stealth launch from 10 BNB is a common tactic in scam projects to create an illusion of scarcity and exclusivity.

6. Vague Roadmap: The roadmap provided is vague and lacks specific details about the project's development milestones and plans.

7. Disclaimers: The disclaimer at the end of the content, stating that Shibaqua is not an investment and is a meme parody, is unusual for a serious cryptocurrency project.

8. Copyright Date: The copyright date of 2023 seems premature for a project that is less than a year old.

9. Use at Your Own Risk: The disclaimer advising users to use Shibaqua at their own risk is not typical for legitimate cryptocurrency projects.

10. Lack of Regulatory Compliance: There is no mention of compliance with financial regulations or oversight by any regulatory authority, which is a standard practice for legitimate cryptocurrency projects.

Based on these red flags, the website content and the project's characteristics align more with those of potential scams or high-risk ventures rather than legitimate cryptocurrency projects. It is essential to conduct thorough research and due diligence before considering any investment in such projects."

the reasons behind this review :
Lack of Credible Information, High Total Supply, No Tax on Buy/Sell, Community-Run with No Dev or Marketing Wallets, Stealth Launch, Vague Roadmap, Disclaimers, Copyright Date, Use at Your Own Risk, Lack of Regulatory Compliance
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Low review rate by AI

  Domain is new

  Archive is new

  Whois data is hidden