Shiba

Litecoin

Solana

UBIT

Shiba Inu

<p>The mysterious privacy-focused token ATOR has plunged 60% after the project unexpectedly announced a radical change in direction, leaving investors reeling after influencer hype failed to match viable fundamentals.</p>
<p>As analyst SatoshiFlipper <a href="https://twitter.com/SatoshiFlipper/status/1726924451718349081" target="_blank" rel="noopener noreferrer nofollow">contends</a>, those who heavily promoted ATOR based on its affiliation with anonymity network Tor now owe their followers an apology after the token’s collapse. Critics had long argued ATOR’s design and “fair launch” claims seemed questionable despite rapid 1,600% gains.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="759" src="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-1024x759.png" alt="" class="wp-image-382050" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-1024x759.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-300x222.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-767x569.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-1536x1139.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-2048x1519.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-202x150.png 202w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-100x74.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-472x350.png 472w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22-788x584.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-22.png 1060w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>Analyst Brave Crypto had repeatedly <a href="https://twitter.com/BraverCrypto/status/1726932444748677235?s=20" target="_blank" rel="noopener noreferrer nofollow">warned</a> of ATOR’s shadiness, lack of long-term viability, and misleading marketing tactics exploiting Tor’s name recognition. Yet many promoters disregarded ATOR’s obvious issues. Its whitepaper and mechanics clearly showed vulnerabilities, making the influencer hype irresponsible, as Brave details.</p>
<p>When ATOR crashed following its sudden pivot announcement, these same promoters went silent instead of addressing their faulty endorsements. This case epitomizes the need to thoroughly scrutinize crypto projects, even amid frenzied FOMO, as Wauwda recaps. Anything smelling fishy should be given pause, no matter what short-term gains tempt.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/litecoin-whale-activity-could-foreshadow-next-bull-run-while-solana-flashes-sell-signal/" target="_blank" rel="noopener noreferrer nofollow">Litecoin Whale Activity Could Foreshadow Next Bull Run While Solana Flashes Sell Signal</a></li>
 <li><a href="https://captainaltcoin.com/shiba-inu-magazine-highlights-wellys-commitment-to-shibarium-blockchain/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu Magazine Highlights Welly’s Commitment to Shibarium Blockchain</a></li>
 <li><a href="https://captainaltcoin.com/benjamin-cowen-predicts-bitcoins-rise-to-100k-by-2025-inqubeta-celebrates-5m-presale-triumph/" target="_blank" rel="noopener noreferrer nofollow">Benjamin Cowen Predicts Bitcoin’s Rise to $100K by 2025; InQubeta Celebrates $5M Presale Triumph</a></li>
</ul>
<p>In summary, ATOR offers a cautionary tale of concentrated losses after developers and promoters overpromised and underdelivered. Those damaged deserve accountability. Investors should remember that hype means little without on-chain and protocol analysis revealing robust, ethical engineering.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/investors-in-this-altcoin-deserve-an-apology-following-60-crash/" rel="noopener noreferrer nofollow">Investors in This Altcoin Deserve an Apology Following 60% Crash</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Investors in This Altcoin Deserve an Apology Following 60% Crash

Table of Contents

CaptainAltcoin

Other articles published on Nov 21, 2023

What is Akropolis Coin?

Why is SUPER Price Up By 50%? Exploring the Catalysts Behind SuperVerse’s Rally

Web3 Gaming Fusionist Set to Launch ‘Fusionist Beta II’ on Steam

Hidden Gems Of 2024: Best Cheap Cryptos To Invest In Now

KuCoin expands portfolio with addition of Root network (ROOT) token

Analyst Unveils Positive XRP Outlook: Support Threshold at $0.60

Join our free newsletter for daily crypto updates!