Leicester On Why He's Tired Of Cryptos Relying On Telegram, And The PARA INU Fiasco

You've got tons of people accusing Para Inu of rugpulling, because of their migration which was

- too short in span (3 days is not enough for sufficient word AND remember, this thing just launched. You're admitting failure before you even get out of the gate, and chances are the exchanges are the reason, but that should have been figured out BEFORE launching)

- too reliant on Telegram (Americans DON'T use that tool heavily)

- ill planned (we called out in our coverage that Para Inu being on ETH rather than BSC and locking down liquidity and everything would potentially be an issue down the road - here we are).

People dialed in and saw their value go to zero. Many of these people got banned by their triggered admins on Telegram, thus didn't know anything was changing (which is why you need a better handle on your admins).

According to certain people in the know, the send to new contract is optional - the problem isn't that, the problem is the Para Inu community management sucks, as does Shibnobi/SHINJA's, as does SAITAMA's, as does SHIB's, etc. When you have a horrible community management, it generally leans towards a scam. We don't think these are scams, which is why it bothers us to see them take these steps and fail to manage their community properly (i.e. tell their admins to stop getting triggered and treat investors like their boss, act like a business, not an "outlaw mudshow".)

As a result, if we see any token too heavily relying on Telegram, we will no longer recommend them. Investors are advised to make their own decisions for their own reason, but this fallout is similar to what happened before Tsuzuki, and that's what we don't want, because it hurts investor sentiment.

Another preventable mistake.