Thursday, October 05, 2023 6:14:47 PM
AABBG just got exposed as an SCAM through Ethereum and Algorand blockchains.
How do you “Migrate” Circulating Supplies of 500 MILLION $AABBG.X from the $ETH.X blockchain and it converts to 100 MILLION AABBG.X on the $ALGO.X blockchain?
Both of those supplies were “CIRCULATING”, which means that to reduce it you would have to burn 400 MILLION. Yet AABB claims it only has 1 Million AABBG on its app?
Remember, there is a big difference between Circulating vs Max/Total Supplies when it comes to crypto tokenomics.
And they say it’s Gold-Backed without any gold verified? Especially not $500 MILLION USD-worth of it.
AABBG on Etherscan: https://etherscan.io/token/0xb8635f02398f27297a58b2833e06bfb987b028d8
AABBG on AlgoExplorer: https://algoexplorer.io/asset/1136160962
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