Burency currency is one of the currencies around which opinions differed between a skeptic about the currency project and between a supporter of it. Most of the people who follow the supporters of the currency find that they have goals and interests from support for the currency as the equivalents, and therefore we are facing a support bias motivated and not a belief in the currency project itself.
While opponents of the Burency coin, whose symbol is buy, they describe it as nothing but a fraud and fraud project, and it quickly reaches zero value after the falsehood of the logos is exposed.
It has no promotion except among Arabs and in specific accounts on Twitter, and many warnings have appeared about the currency that it is a scam and fraud targeting Arab communities.
Opponents and warns of the currency
There are many cautions against the currency and they make a great effort to raise awareness against the risks of fraud and exposure to fraud and it is unfortunate that there are victims of the Burency coin
Defenders of the currency are those who benefit from referral and bonus programs. The greater the number of victims, the more their profits are obtained. It is expected that they will even be victims of the fraud’s operations. Only the owners of the project will benefit from the owners and those who manage tokens.
Through the next page, you can see all the addresses that own the currency and it is alarming that there are no more than 41 wallet addresses for the currency and this is what doubts that there is a process of sending the currency to the platform and the victims buy it from there and those who transfer the currency are the ones who lead the project in the process of emptying it slowly
Supporters of this behavior say that those in charge of the project refuse to send all tokens to investors so that a major sale does not occur that affects the currency's price, and this behavior has not been done by any team for any currency that was previously launched, so everyone has the right to obtain the currency as long as they invested in it.
https://etherscan.io/token/0xc559db74236c1f1dd734e0b4c8d747bb57983e6a
You will find that 97 of the coin for one address only while.
It is clear that the fraudulent business model here is to transfer the currency in batches to the platform that is being traded now, which is the BitMart platform, so that the largest possible number of the currency is sold before it is revealed that it is a fraudulent currency.
There were no subscribers but buyers after the massive promotion of the currency through Twitter accounts and Telegram groups
You can see the daily trading volumes
