Didn't think I'd see a day when we would witness a soft rug pull. Do not buy AINI

[Divineincel]

Legitimate airdrops usually reward past behavior (like using a protocol). Requiring you to buy 1 SOL $86+ USD depending on today's price just to enter a giveaway is a classic tactic to artificially pump the price and create exit liquidity for the creator.



Notice the -68% drop in the last 24 hours. The volume is $1.5M, but the liquidity is only $63k. This in the crypto world is called wash trading bots buying and selling to themselves to make the coin look popular on the trending lists.
This also means if a few "whales" probably the devs sell, the price will gap down to nearly zero instantly.

Wash Trading Explained: Definition, Mechanism, and Real-World Examples

Discover what wash trading is, how it works, its legal ramifications, and see examples that illustrate this market-manipulating practice within stocks and cryptocurrency sectors.

www.investopedia.com

View attachment 4960924
Also notice address ending in ...pump
means it was launched on Pump.fun,

Pump.fun — Launch and trade memecoins on Solana

Pump.fun is the fairest way to launch and trade memecoins on Solana. Coins are instantly tradable on a transparent bonding curve — no liquidity to seed, no presales, no team allocations.

pump.fun

It is a platform where anyone can launch a coin for $2. Also notice how they are multiple $AINI tokens with different addresses.

One more tell tale sign is how the top holders #2 through #33 all own almost identical amounts roughly 0.6% to 0.7% each in a decrement pattern. This is called Wallet Splitting. A developer uses a script to distribute the supply across 50+ different wallets to hide the fact that they own 30-50% of the total supply.

View attachment 4960975

Wallet Drainers: How Scams Steal Funds

Operational advice for protecting communities and funds from coordinated social scams across channels. Review the analysis.

www.darktrace.com

This is a common scam. The fact that the price is down 68% while they are telling you to "buy now for a giveaway" means the original pump is over and they are looking for one last round of buyers so they can finish exiting their positions.

TLDR- DO NOT BUY. This is a coordinated "slow rug

Who the hell created this rugpull. This wasn’t a fair move, creating crypto scams