Hi, I need your input asap please.
I created two projects. This one, and another one prior to it. The other project crashed by someone who had 55% holdings. But I managed to get it up again.
However, I've just learned that the very same address owner who crashed my other project. Has also the biggest holdings here in the Drachma. 2 adjacent wallets comprising almost 26 of the supply.
I was disappointed when this happened before because I was aiming for something fair and safe for everyone like the one I recreated.
Now, I have a firm belief that other investors are warded off by his big holdings, otherwise we would have had many more locking in.
I call it my bad luck to have him again in my second project after spending a lot of money to support the project.
I tried to get him to contact me but he either doesn't want to or he's not in any community.
I am kind of sure that he might sell off anytime from now. He made 55k from my other project. So he might do it again.
Give me options please
I created two projects. This one, and another one prior to it. The other project crashed by someone who had 55% holdings. But I managed to get it up again.
However, I've just learned that the very same address owner who crashed my other project. Has also the biggest holdings here in the Drachma. 2 adjacent wallets comprising almost 26 of the supply.
I was disappointed when this happened before because I was aiming for something fair and safe for everyone like the one I recreated.
Now, I have a firm belief that other investors are warded off by his big holdings, otherwise we would have had many more locking in.
I call it my bad luck to have him again in my second project after spending a lot of money to support the project.
I tried to get him to contact me but he either doesn't want to or he's not in any community.
I am kind of sure that he might sell off anytime from now. He made 55k from my other project. So he might do it again.
Give me options please
❤1
And I don't need any dirty money in my life and I don't want to rug pull you and I don't want to cause loss or pain to any one who trusted the project here.
But i am not sure when will he sell. If he did it there, he can do it here too.
What's your input about this?
But i am not sure when will he sell. If he did it there, he can do it here too.
What's your input about this?
Hi,
I know that some of you may think that the performance is slow and the daily trading volume is low.
However, almost all projects started this and remain slow for a long time. Except for these projects that are supported and promoted by whales.
I have countless examples that I can illustrate to show you that we are on the right path. But before this, we need to address transparently our biggest problems that need to be fixed first.
I believe, this project can only succeed, attract more serious Investors who can sleep at night feeling safe about the money they've invested in the project if the big holdings are decreased in a way or another.
Before this, I don't think that we will be able to attract more serious buyers.
No matter how much money I will spend in promotions, boosters and marketing, it won't work before this issue is resolved.
I understand that we cannot do much since we don't know the wallet address owner. However, I am addressing this just if anyone has a solution out of the box.
I know that some of you may think that the performance is slow and the daily trading volume is low.
However, almost all projects started this and remain slow for a long time. Except for these projects that are supported and promoted by whales.
I have countless examples that I can illustrate to show you that we are on the right path. But before this, we need to address transparently our biggest problems that need to be fixed first.
I believe, this project can only succeed, attract more serious Investors who can sleep at night feeling safe about the money they've invested in the project if the big holdings are decreased in a way or another.
Before this, I don't think that we will be able to attract more serious buyers.
No matter how much money I will spend in promotions, boosters and marketing, it won't work before this issue is resolved.
I understand that we cannot do much since we don't know the wallet address owner. However, I am addressing this just if anyone has a solution out of the box.
❤1
The screenshot I attached is for a project that was created in April 2024.
The start price was 0.0000007133 in April 20th 2024 and hit ATH today February 2nd 2025 at almost 0.2400.
Can you comprehend how much is that?
That means! if you bought the equivalent amount of tokens at or close to start price for a $100 USD which is around 140 million tokens. you would sell it at price 0.2400 for 33.5 million USD.
The start price was 0.0000007133 in April 20th 2024 and hit ATH today February 2nd 2025 at almost 0.2400.
Can you comprehend how much is that?
That means! if you bought the equivalent amount of tokens at or close to start price for a $100 USD which is around 140 million tokens. you would sell it at price 0.2400 for 33.5 million USD.
Hi,
We're all, as a small community for now, have a problem that needs to be fixed. I am getting several inquiries by email referring to this huge position that belongs to 1 owner.
He is distributing his owned supply between 5 wallets as you can see.
Most of the people who have contacted me are expressing their willingness to invest big chunks and promote the project amongst their communities if this is resolved in one way or another.
I am halting all promotions and boosters until we find a concrete solution to this.
I am directing this msg too to the owner of these wallets. You can earn way more if you keep less supply so it can be fairly distributed between new investors and that is the ONLY way to increase your returns exponentially. You cannot make your own market cap.
I put a lot of effort on this and we have several investors who believe this can generate a good profit for them too.
Let's not disappoint anyone and remain pragmatic regarding the progress of this project.
We're all, as a small community for now, have a problem that needs to be fixed. I am getting several inquiries by email referring to this huge position that belongs to 1 owner.
He is distributing his owned supply between 5 wallets as you can see.
Most of the people who have contacted me are expressing their willingness to invest big chunks and promote the project amongst their communities if this is resolved in one way or another.
I am halting all promotions and boosters until we find a concrete solution to this.
I am directing this msg too to the owner of these wallets. You can earn way more if you keep less supply so it can be fairly distributed between new investors and that is the ONLY way to increase your returns exponentially. You cannot make your own market cap.
I put a lot of effort on this and we have several investors who believe this can generate a good profit for them too.
Let's not disappoint anyone and remain pragmatic regarding the progress of this project.
💯6👍1
Hi,
🔴 Project activity has recently decreased significantly due to a strategic pause in all promotional efforts, updates, and market-making activities.
This decision was made to address a critical issue with the token's distribution. A single holder currently controls a substantial portion (nearly 35%) of the total supply, which is deterring other investors.
We have temporarily suspended operations to encourage this holder to reduce their position. We believe this adjustment is essential for the project's long-term health and broader market adoption.
We are hopeful for a swift resolution that will allow us to resume development and community engagement.
🔴 Project activity has recently decreased significantly due to a strategic pause in all promotional efforts, updates, and market-making activities.
This decision was made to address a critical issue with the token's distribution. A single holder currently controls a substantial portion (nearly 35%) of the total supply, which is deterring other investors.
We have temporarily suspended operations to encourage this holder to reduce their position. We believe this adjustment is essential for the project's long-term health and broader market adoption.
We are hopeful for a swift resolution that will allow us to resume development and community engagement.
👍1
Hi,
🔴 This will be my final call.
I urge the owner of all these wallets to contact me as soon as possible. I am sure he is in this group. If there is no response to this message, I will have no choice but to suspend the project permanently.
1. Bgyn7pCT3XERrv8k4mV9DTe2nJwbyRc5ehsrxjHDcEi4
2. 7MnHcqDZAhoGVngUVG2Bz1QNuSHaVmBAkzjqsFKbHHhw
3. HExvG6A1zCkA1Guvyb6DCnxqNU8p9EbiAEofFPnrMV2M
4. BAzRUz6m43vpckrwXC6HhmYmNGtQUajdA6BQ1MDdBJ1U
5. 8bZPFrtXK1xEjD1BR5icSvZmRSXHiC2haoJeEijv34xZ
Here’s a message to the other holders: This person has left us with no other options. He refuses to cooperate and seem to believe he can hoard the entire supply for himself, which is why we cannot move forward. I have repeatedly encouraged him to contact me, but he have not responded. After all the hard work and resources invested, I feel compelled to suspend the project and accept the loss, just as anyone else would in this situation.
I need your responses as soon as possible.
🔴 This will be my final call.
I urge the owner of all these wallets to contact me as soon as possible. I am sure he is in this group. If there is no response to this message, I will have no choice but to suspend the project permanently.
1. Bgyn7pCT3XERrv8k4mV9DTe2nJwbyRc5ehsrxjHDcEi4
2. 7MnHcqDZAhoGVngUVG2Bz1QNuSHaVmBAkzjqsFKbHHhw
3. HExvG6A1zCkA1Guvyb6DCnxqNU8p9EbiAEofFPnrMV2M
4. BAzRUz6m43vpckrwXC6HhmYmNGtQUajdA6BQ1MDdBJ1U
5. 8bZPFrtXK1xEjD1BR5icSvZmRSXHiC2haoJeEijv34xZ
Here’s a message to the other holders: This person has left us with no other options. He refuses to cooperate and seem to believe he can hoard the entire supply for himself, which is why we cannot move forward. I have repeatedly encouraged him to contact me, but he have not responded. After all the hard work and resources invested, I feel compelled to suspend the project and accept the loss, just as anyone else would in this situation.
I need your responses as soon as possible.
❤1
Hi,
Since it has been nearly ten days, and the owner of these wallets remains unresponsive despite repeated attempts to communicate. Given this impasse, I encourage all investors to consider closing their positions based on the following:
1. Should the owner agree to reduce his holdings, your losses will be magnified.
2. If he refuses, the project is unlikely to progress, as his substantial holdings deter other potential investors.
I understand this is a frustrating and unfortunate situation for everyone involved, myself included. This situation highlights the inherent risks associated with the cryptocurrency market.
Since it has been nearly ten days, and the owner of these wallets remains unresponsive despite repeated attempts to communicate. Given this impasse, I encourage all investors to consider closing their positions based on the following:
1. Should the owner agree to reduce his holdings, your losses will be magnified.
2. If he refuses, the project is unlikely to progress, as his substantial holdings deter other potential investors.
I understand this is a frustrating and unfortunate situation for everyone involved, myself included. This situation highlights the inherent risks associated with the cryptocurrency market.
Hi,
I regret to inform you that this project is currently suspended. This unfortunate situation stems from a single holder acquiring 30% of the total supply immediately after launch. Despite repeated attempts over the past 9 days to engage with this individual and find a mutually agreeable solution, he has not responded. This large holding deters other investors, hindering the project’s progress.
Like other investors who believed in this project's vision, I too have incurred significant losses. My investments included promotions, marketing boosts, launch costs, and more. I want to emphasize that this was a serious project, and I committed substantial resources to its success. However, following the standard practice of renouncing the contract immediately after launch, I have no control over individual buy and sell decisions.
Despite reaching out through multiple channels, I have been unable to establish communication with the large holder. The project's suspension is based on two key factors:
If the holder agrees to reduce their position, existing investors may experience increased losses.
Without a reduction in their holdings, the project is unlikely to attract further investment, impeding future growth.
I understand this situation is frustrating and disappointing for everyone, myself included. It underscores the inherent risks present in the cryptocurrency market. I sincerely apologize for the losses incurred by fellow investors. Unfortunately, despite my best efforts, I have exhausted all available options at this time.
I regret to inform you that this project is currently suspended. This unfortunate situation stems from a single holder acquiring 30% of the total supply immediately after launch. Despite repeated attempts over the past 9 days to engage with this individual and find a mutually agreeable solution, he has not responded. This large holding deters other investors, hindering the project’s progress.
Like other investors who believed in this project's vision, I too have incurred significant losses. My investments included promotions, marketing boosts, launch costs, and more. I want to emphasize that this was a serious project, and I committed substantial resources to its success. However, following the standard practice of renouncing the contract immediately after launch, I have no control over individual buy and sell decisions.
Despite reaching out through multiple channels, I have been unable to establish communication with the large holder. The project's suspension is based on two key factors:
If the holder agrees to reduce their position, existing investors may experience increased losses.
Without a reduction in their holdings, the project is unlikely to attract further investment, impeding future growth.
I understand this situation is frustrating and disappointing for everyone, myself included. It underscores the inherent risks present in the cryptocurrency market. I sincerely apologize for the losses incurred by fellow investors. Unfortunately, despite my best efforts, I have exhausted all available options at this time.
❤5
Drachma (DRCH) pinned «Hi, I regret to inform you that this project is currently suspended. This unfortunate situation stems from a single holder acquiring 30% of the total supply immediately after launch. Despite repeated attempts over the past 9 days to engage with this individual…»