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Smart contract of the following token can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens), be careful if you are trading this token.
BITSU is trending with high percentage gains, but some traders report not being able to sell, and its similarities to other scam coins.
On Pancakeswap DEX selling is done by swapping an asset for another crypto – some traders report being unable to swap Bitsubishi crypto tokens for BNB (Binance Coin).
Proceed with caution if you attempt to buy Bitsubishi on Pancakeswap. High percentage gains for coins only listed on one crypto exchange – and a decentralized exchange (DEX) – sometimes don’t represent real buying volume, only thin order books and low liquidity.
Some potential investors on Twitter noted that their questions to the admins were deleted and they were blocked, and others were removed from the Bitsubishi Telegram group.
One Twitter user pointed out the similarity between the Bitsubishi website and a previous team that carried out a ‘rugpull’ – dumping all tokens on the market to pull the rug out from investors, resulting in a price crash to zero.