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Three days ago, after a long line of successive failures, I wrote up a post where I explained how I thought the metaverse project SOLICE was headed for a massive failure. Link in the comments.
Well after I pointed out the poor tokenomics and weak structure of the locked tokens,the price has plummeted since one of the token release schedules. It has dropped by more than half its value in less than a 24 hours.
I was immediately downvoted when trying to post this in the Solice sub, and banned from two accounts on Discord for trying to warn others. I never presented false arguments and only used respectful language and evidence.
My analysis was based on the decisions of the team and the bias shown against smaller investors - even those involved right from the the beginning.
A quick read of their discord displays a positive atmosphere with people showing trust and faith, but over at the projects twitter feed (something they obviously canāt control), tells a vastly different story.
As always, do your own research. Challenge something you have concerns with. And if you donāt get an answer, or worse, get booted entirely, then exit that project asap.
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youāre using to start.
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