- The WTF token AirDrop went off to a wild start according to the recent news. Most of the users have lost thousands of dollars.
- You just have to plug the website in with the wallet address, and it will tell you how much gas you have spent.
- Most media were quite interested and responded to the news because numerous AirDrop participants lost a flurry of dollars in the ETH.
The WTF token AirDrop went off to a wild start according to the recent news. Most of the users have lost thousands of dollars, and one bot just vanished with 58ETH, reported by the Fees. WTF The simple service shows that most ether users are spending about a lifetime amount on the blockchain transactions with gas measurement. You just have to plug the website in with the wallet address, and it will tell you how much gas you have spent. This project was launched on Friday with the WTF token in a drop. Initially, the users could claim these tokens and non-fungible tokens for 0.01 ether. Rekt NFT will also provide lifetime access to the Fees of Wtf, pro account.
Discord announcement also declared that the initial launch plan was to offer a hundred million WTF tokens. The main attraction in token economics will be to supply the circulating chain. But it did not go as per the plan. Allegedly one of the boats went off with 58 ether which accounted for around 180000 dollars. Etherscan said that 58 ether was taken out from the wrapped ETH, which happened only 2 hours after the airdrop.
Most media were quite interested and responded to the news because numerous AirDrop participants lost a flurry of dollars in the ETH. The team said that there was a tiny pool of liquidity after immediate launch. Some ape bots started chucking out hundreds of ethers, ending up in high sleeping. Therefore it started essentially draining the ether, which led to a loss of the participants.
Within 5 minutes of the launch, the liquidity pool management was very poor in which the developers left it exposed. The loss was the low liquidity rate and the manipulation easy to do by the bots. Therefore there was a lot of disappointment among the participants of the liquidity pollution caused by them. A battle of the Autobots happened, and only one came out as the winner.
Consequently, the bot could steal from the users, and it accounted for 58 ether. The transaction was ultrafast, and before anyone could blink an eye, there was a lot of AirDrop. According to the price graph of the token, it was seen that there was an initial high spike and swiftly after the loss in value accounted for ten times.
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The official group of WTF discord was flocked, with all the users sharing how much they had lost. There are also numerous death threats and lawsuit claims, and most of the users are shaking with anger. The ether of user account’s transaction points are around 42 ETH, which is around 1 lakh $3500.
Twitter account holders have also termed this project as a Ponzi Scheme. It is a suspicious project, and the referral element also raises questions. Nevertheless, Twitter accounts are making the news go viral, and the WTF team has claimed almost 0.5 million United States dollars within just eight hours.
The WTF 6 declares a stationery supply of tokens, and about 40 million tokens will go to the treasure. There are not many details regarding the token distribution, and they concluded that there is a controversial project launch. Adding to a Twitter account, it has been revealed that the WTF team has created an application that any developer can do within a span of 1 hour. It is being said that Ponzinomics and slaps token have been used in it, and a lot of ether is lost in claim fees and gas.