Zuga Coin has been a suspicious coin to me, because the value of each coin hit about $50,000 few weeks or months after it was launched, this doesn't make sense. I am ignoring the fact that its already listed on coinmarketcap, I just know there is something suspicious about ZugaCoin

From over $50,000 per coin, it dropped to $55 per coin

Recently, ZugaCoin claimed they have partnered with Innoson Vehicles and that, we can now buy Innoson cars with ZugaCoin

This afternoon, I called Innoson Vehicles Manufacturing Ltd, I got their contact via their website.

Innoson Vehicles said, they have no partnership with ZugaCoin and that it's a Scam.

Please, crypto Currency is real, I am very much into Crypto, but we need to be careful of ZugaCoin. ITS A SCAM

I uploaded Innoson contacts from their official website

Call them also, and confirm

All crypto na scam. cry-pto. Na cry go end am

There are many red flags behind the coin mehn.

First, it lost 100% of its value within 48 hours.

Second, its owned by a bishop zuga who forced most of his congregation to buy while at ath.

A versatile cry.pto investor would not think twice about investing. The coin is scam. Only the whales (bishop zuga and his cohorts) would benefit from this ponzi coin.

Fuccking limited supply scam coin.

cchub:
There are many red flags behind the coin mehn.

First, it lost 100% of its value within 48 hours.

Second, its owned by a bishop zuga who forced most of his congregation to buy while at ath.

A versatile cry.pto investor would not think twice about investing. The coin is scam. Only the whales (bishop zuga and his cohorts) would benefit from this ponzi coin.

Fuccking limited supply scam coin.

enlighten me Boss

If a coin has limited supply, is it a red flag to look out for?
We al learn everyday. Reply pls

divineappo:
enlighten me Boss

If a coin has limited supply, is it a red flag to look out for?
We al learn everyday. Reply pls

There's no coin that has an infinite supply (for now tho).

All coins have their number of tokens available for life. so in technical terms, "they have a large volume of limited supply"

So, If a coin has limited supply, it's not a red flag.

But this zuga coin is just outta line.
It has a small volume of limited supply.
Straight up ponzi coin for the whales.

And remember, this is not a financial advice.
Do your own research.
Ciao.

cchub:

There's no coin that has an infinite supply (for now tho).

All coins have their number of tokens available for life. so in technical terms, "they have a large volume of limited supply"

So, If a coin has limited supply, it's not a red flag.

But this zuga coin is just outta line.
It has a small volume of limited supply.
Straight up ponzi coin for the whales.

And remember, this is not a financial advice.
Do your own research.
Ciao.

OK
I get ur point