A potential big scam is going on with #MemeCore $M 🤨 Ghost chain. $2.5B valuation. $10 in total transaction fees. 7 validators, all running the minimum 7M $M stake. 7 wallets controlling the entire network. Geth fork. Codebase is a rebranded Go-Ethereum clone. “Proof of Meme” is standard PoA/dPoS with 10-block rotation among the same 7 nodes farming 800k $ for day. Empty orderbooks everywhere. Spot depth is virtually zero. Perp orderbooks are just as thin in a 5-10% range. The price is being held up with no real liquidity behind it on either side. 83% of supply unaccounted for. 10B max supply. 1.7B circulating. No public unlock schedule for the remaining 8.3B tokens. Manufactured volume. MemeMax requires users to generate fees equal to 50% of their reward to withdraw. Forced activity to simulate usage on a dead chain. DYOR.

This is going to be one of the biigest crypto scam ever soon