Forget Elon Musk Here's LUNGTOO for you!

[Exploring Thailand]

https://lungtoo.com/

Don't know what to make of this! From the whitepaper it seems that there has been one rugpull, but this time it will be different.

 

Quote

LUNGTOO was originally created as an RFI fork, to have a burn mechanic, and locked liquidity. The project exploded, as the popularity of these recent tokenomics, becoming a millions dollar market cap almost immediately. The original developer panicked with excitement, sold all of his tokens and renounced ownership of the contract. This is known in the crypto community as a softrug. However due to the code in the LUNGTOO contract, the liquidity is locked on PCS, so instead of taking a loss of their original investment and admitting defeat, the community took over and is now running the project.

While devastated, the team realized after talking with one other, that this type of thing happens too often. People look to help a project long-term and then immediately lose all of their money. So instead of becoming a quick pump and dump, the community has decided to give back to the less fortunate by donating to charity. LUNGTOO will be using the predominant amount of the transaction tax to fund a donation wallet. As the wallet and market cap of the project grows, this LUNGTOO will be converted into USD and transferred into charities of the community's choice. This is what sets LUNGTOO apart from the rest of the BSC chain. It is a true community token, not only by governance and holding, but by giving back to the people without the same opportunity. We're here for the long term, and we're here to be Happy Helping!

 

[Denim]

Gobbledygook.

[Exploring Thailand]

18 minutes ago, Denim said:

Gobbledygook.

 

They're launching a cryptocurrency.  Apparently, it was launched previously but somebody ran off with all of the money. They say this time they're going to make sure charities are helped. 

 

One thing that strikes me is that it seems to be completely anonymous. The only contact they have is a Telegram account.