
Since NEXTMOON is advertise by the forum and with dedicated
Board.
Would like to ask the community about this project.
Some of their statements that will edify the investors and have confidence to the project.
1- RugPull : Happens on decentralised exchanges, when the Liquidity maker (usually dishonest token issuer) withdraws the liquidity, thus rendering the token value worthless (unless there are other liquidity makers).
NextMoon statement:
We can promise that we will not do a rugpull, furthermore we will burn the LP tokens that allow token issuer to withdraw liquidity.2- Presale & Team Dump : Happens when a project conducts a presale, usually in the presale the investors buy the token for 10% to 50% the price that would be later on exchange, thus they dump their tokens to make a quick 100% gains. Greed centred and artificially cohesive teams also lead to same situation, where some members dump their tokens for quick profit before exiting the project.
NextMoon Statement:
We did not conduct a presale, to have a real FairLaunch, and to prevent presale investors from dumping on early token buyers. Our team members have worked together for decades on many tech projects with high $ value, we have a solid cohesive team, with 0 chance of members dumping scenario.3- Earlier Investors Dump : Happens all the time when earlier investors want to cash on the gains . Investors that buy at a lower price sell when the price is higher, and some of them simply sell big quantities affecting negatively the price when the volume is not big enough to absorb it easily.
NextMoon Statement:
We can do nothing about this issue, that's how trading works. However, we have limited the amount of transaction in part to resolve this issue. As a result, any dump will be limited in size and will have no significance in the early days of this token.Source: From NextMoon site. What do you think about NextMoon? Is NextMoon be the Next project to hit the Moon?
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