Credits.link Presale Wraps Up: My Thoughts on Another "Success Story"

Just witnessed another hypefest conclude—Four.Meme's $CDL presale is done and dusted. They're parading around with nearly $195M USD1 and 16.2M FORM raised. Impressive numbers? Sure. But let's cut through the marketing fluff.

I've been watching these token launches for years, and the pattern never changes. They build up the FOMO, everyone rushes in, and then what happens? The inevitable dump when it hits the market.

They're holding back $300K USD1 and 82K FORM for "liquidity arrangements." Convenient way to control the flow, if you ask me. And those who went overboard? You'll get your excess back September 2nd. How generous.

The liquidity deployment plan seems calculated—33% to PancakeSwap and the lion's share (67%) to AsterDEX. Classic strategy to fragment the liquidity and control price movement across platforms.

What really makes me laugh is the airdrop distribution formula—supposedly "fair and transparent." They're dropping 150M $CDL tokens based on your contribution proportion. The math might check out, but we all know early birds and whales already have their exit plans ready.

Looking at those comments below the announcement—"digging out all the leek roots" and price dropping sharply—tells me retail traders are already feeling the pain. Small leverage players got slaughtered, as usual.

I'm not saying this project won't pump—it might. But these fundraising mechanisms always follow the same playbook. Build hype, extract capital, distribute tokens, and let the market sort itself out.

Another "historic milestone" on the blockchain? More like another day in crypto. I'll be watching from the sidelines while everyone else fights for exit liquidity.