Can You Trust YooShi? A Comprehensive Scam Analysis

YOOSHI

Trust Score

4.05/100

  • Is Scam? No
  • Audit Relevance: Yes
  • Platform audited: Yes
  • Audit Coverage: Yes
  • Ongoing Bug Bounty: No
  • Incidents: No

Analytic

Determining the legitimacy of YooShi involves closely examining several key elements. The project asserts strong transparency and a decentralized approach. Their liquidity is locked, providing a significant level of trust. Additionally, the innovative Black Hole mechanism, which holds over half of the supply, aids in creating scarcity and potentially driving value.

However, the P2E gaming sector is often rife with projects that promise too much while delivering little. Potential investors should consider the extensive marketing claims and weigh them against the underlying fundamentals. Transparency in their roadmap execution and audit claims will be vital indicators of their reliability moving forward.

In conclusion, while YooShi shows many signs of legitimacy and community involvement, investors must remain vigilant and perform thorough due diligence before engaging with this or any crypto project. The landscape is peppered with potential scams, and maintaining informed skepticism is crucial for safeguarding investments.

Important:

  • - Investing in cryptocurrencies always has risks.

Project info

YooShi is an ambitious project within the crypto space that aims to establish a decentralized meme coin integrated with a unique gaming metaverse. With a rapidly growing community of over 430,000 holders, it seeks to bridge the gap between Play-to-Earn (P2E) gaming and its users, ensuring that players can have fun while also earning in-game rewards.

The YooShi platform comprises various features including an NFT marketplace, a launchpad for GameFi projects, and multiple games that offer players the chance to earn rewards. Furthermore, their staking and farming options bolster user engagement within the ecosystem.

From a technical standpoint, YooShi employs a unique tokenomics model that incorporates a burning mechanism, auto-liquidity functions, and community governance. Their claim of 100% decentralization and the fact that the token ownership has been transferred to a burn address suggests a focus on community-led management. However, the lack of prior presale allocations and secure liquidity provisions should be approached cautiously.


Price
$4.361E-9
Market Cap
$0
Total Supply
1.0E+15
Trading Volume (24h)
$65484

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