$WET WET coin has a bleak outlook and carries extremely high investment risks. Its price has plummeted over 60% from its peak since launch, and the team’s token burn has failed to stop the decline. More seriously, the recent public sale of the project was completely sabotaged by bots, and the current tokens will be invalidated, potentially causing holders' assets to become worthless. Additionally, token distribution is highly centralized, with 90% of the supply controlled by the team, and the on-chain smart contract has previously been attacked by flash loan attacks, exposing security vulnerabilities. With multiple negative factors stacked, investors should exercise extreme caution.
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$WET WET coin has a bleak outlook and carries extremely high investment risks. Its price has plummeted over 60% from its peak since launch, and the team’s token burn has failed to stop the decline. More seriously, the recent public sale of the project was completely sabotaged by bots, and the current tokens will be invalidated, potentially causing holders' assets to become worthless. Additionally, token distribution is highly centralized, with 90% of the supply controlled by the team, and the on-chain smart contract has previously been attacked by flash loan attacks, exposing security vulnerabilities. With multiple negative factors stacked, investors should exercise extreme caution.