Since the crypto industry started, many people have been looking to create their shitcoins! Some were successful, but the story isn't the same for all. Squid Game was one of the biggest scams of 2021, a fake token Inspired by famous Korean series and used series credit. People sought to buy it and lost their money or the Onecoin Ponzi scheme, designed by Ruja Ignatova and known as the most well-known crypto scam.
Habib Alejalil, an Iranian crypto expert, looking for a new way to filter crypto projects; according to the evidence, 21.000 projects already exits on CoinMarketCap (15 Sep 2022), but how can we know which scheme is a scam and which one isn't?
Habib Alejalil entered the crypto world in 2016 by creating an official fork for Shahram Jazayeri. By the time we saw him get more active and did a few more projects such as CEX and DEX crypto exchanges and projects.
All projects need to have their liquidity which guarantees the user to swap their tokens any time they want, but most of the listed projects on CMC don't have any liquidity. Also, most volumes are fake and generated by project owners, exchanges, or external Market Making (MM) services.
Alejalil is looking to create TurkMarketCap, which Adonis Holding registers in Turkey, to analyze each project before listing; any projects with a fake volume will be tagged and will not record projects without liquidity, and all projects will monitoring. Alejalil is experienced in Crypto, NFT, video games, Metaverse, and Sony licensed him to release video games for Playstation.
The Crypto market isn't a money factory, and people think wrong about that. They heard a few exciting stories about those who bought Bitcoin ten years ago and now are rich and looking to do what they did before and gambling in this market and mostly lost all their money.
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