Leicester

Let us know, you know, clarify, add supplement, whatever you choose.

But what I gleaned from this is at some point there was some idea to do the Jasmine chain, which needs the Jasmine coin.

And when it launched, if you look at CoinMarketCap, it says $5 is all time high.

To me, that's the liquidity load.

I don't think it's a legit because the graph says about two, three bucks.

Regardless, it did a pump and dump, pretty aggressive pump and dump, and now just over half a penny in its price.

And people have speculated, not me, others, that Jasmine was a rug pull.

Jasmine is pretty much printed out or minted out all of its tokens.

So I didn't see a, like a extreme dilution issue, but I don't know enough about the token supply at the time.

I do know that Jasmine by and large has not had a significant volume compared to the other tokens that were out there, except during the sell periods.

This tells me, and I, again, this is why it's an impassioned plea.

If you have this background in the history, I would love to hear that.

But when I look at the graph, it almost looks like there may have been some sort of a distribution of pre-sale that took place because the vast majority of volume is on the sell side, not on the buy side.

usually that means tokens were given to people whether that was by way of some sort of mining or some sort of distribution or some sort of pre-sale i don't know any of that is or isn't true i'm going off the data i saw back in 2021 and i remember 2021 being kind of that dull period the start of the dull period and then later after binance.com

actually added Jasmine to a flag list in 2024 over concerns with the project because of the pump and dump being so aggressive.

So this horror sign, essentially what he said was that the team at the time took coins and they were dumping on the project to fund the company is essentially what he's saying in this interview.

Well, how is that any different than any other crypto out there, right?

And that is essentially a rug pull.

A dev makes money available and then makes it not available.

Effectively, what he's saying here is, well, yes, that happened.