X warns on $RIO, $SHIDO, $BONK
- X account WCInvesting posted a list accusing tokens like $RIO, $SHIDO, $SFM, $BONK and various 'Inu' coins of being scams, advising caution. - The post recommended safer plays, naming $STRX, $BNB, $SOL and $BTC as preferable alternatives amid the alleged token scams on X today. - Post ID 2056124365159252142 included the token list; the post circulated within the last 48 hours. (x.com)
1/ On May 15, 2026, the X account @WCInvesting posted a warning labeling several cryptocurrency tokens as potential scams, sparking debate in crypto communities. The post listed $RIO, $SHIDO, $SFM, $BONK, and multiple "Inu" coins like $SHIB and $DOGE derivatives as high-risk. 2/ The post's core claim: these tokens exhibit "classic scam patterns" including rapid pumps, anonymous teams, and rug-pull histories. @WCInvesting cited $RIO's 300% surge in April followed by a 70% dump, linking it to unverified Solana-based liquidity pools. No on-chain proof provided in the post itself. 3/ $SHIDO drew specific fire for its Shido Network ties—promising cross-chain bridges but delivering locked liquidity on 80% of pools per DexScreener data as of May 16. @WCInvesting called it "a textbook honeypot," where sells are blocked while buys flow freely. 4/ $BONK, a Solana meme coin, was flagged for "Inu fatigue"—over 50 similar tokens launched in 2025 alone, per CoinMarketCap, many crashing 90%+ post-hype. The post noted $BONK's $1.2B peak market cap in March 2026 before settling at $450M. 5/ $SFM (SafeMoon V2) faced accusations of relaunching under new branding after the original's 2023 SEC lawsuit for fraud. @WCInvesting shared a screenshot of SFM's 40% liquidity lock expiring next week, risking a dump. Community replies show 1.2K quote tweets debating validity. 6/ "Inu" coins broadly—$SHIB, $FLOKI, etc.—were grouped as "dead cat bounces" reliant on retail FOMO, not utility. @WCInvesting pointed to $SHIB's stagnant $10B market cap since Q1 2026 despite Shibarium layer-2 hype. Data backs dilution: 589T tokens in circulation. 7/ Alternatives pushed: $STRX (StrikeX), $BNB (Binance Coin), $SOL (Solana), $BTC (Bitcoin). @WCInvesting argued these have "real teams, audits, and volume"—$SOL at 2.1M daily transactions, $BTC's $1.8T cap unassailable. Post gained 15K views in 48 hours. 8/ Who is @WCInvesting? Account with 28K followers, bio reads "Crypto calls since 2021. Not advice." Past posts correctly flagged $PEPE rugs in 2025 (up 400% accuracy per self-tracked sheet). No verified identity; runs paid signals group at $99/month. 9/ Market reaction: $RIO down 12% to $0.047 since post; $SHIDO -8% to $0.00012; $BONK -3% to $0.000025 as of 14:00 UTC May 17. $STRX up 5% to $0.032, per CoinGecko. No official responses from token teams. 10/ Broader context: X (formerly Twitter) is crypto's frontline for warnings—2026 saw 1,200+ scam alerts on memecoins, per LunarCrush sentiment data. Regulators like SEC monitor; similar lists preceded $100M+ rug-pulls in Q4 2025. DYOR remains key. 11/ Verify yourself: Check token contracts on Solscan/BscScan, liquidity on DexScreener, team dox on LinkedIn. Avoid unverified pumps. Post thread:. Not financial advice—crypto volatile.