After the Total Market Capitalization of this token falling below $ 1.345 for the entire supply off 500.000.000.000 Tokens (source: https://etherscan.io/token/0x6b193e107a773967bd821bcf8218f3548cfa2503 ), it is in my opinion legit to name it as a Dead Coin.
At the moment, the entire market cap of the token is listed as 808 Dollars – may be a bargain for the Janitor…?
I am not naming it a scam as I have no deeper insight into the project – but you can make your own opinion
Is Posscoin a Scam?
Disclaimer: Posscoin Cryptocurrency | Posscoin ICO
Posscoin is a cryptocurrency project that issued Posscoin tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Posscoin a Scam ICO?
Data on whether Posscoin conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Posscoin or in support of Posscoin. The data is only an aggregation of claims cited against Posscoin.
The above claims about Posscoin (ICO), Posscoin’s token, or Posscoin’s team are externally sourced. They may claim that:
– Posscoin did an ICO and then exit scammed
– Posscoin has an undedicated project development after the Posscoin ICO
– Posscoin token got pumped and dumped by the Posscoin team
– Posscoin is a dead project with a worthless Posscoin token
However, external claims about Posscoin project, Posscoin token, Posscoin team, or even Posscoin advisors may not be supported by accusers of Posscoin ecosystem and thus individuals seeking to learn more Posscoin team or about the Posscoin cryptocurrency are recommended to directly contact Posscoin team members or Posscoin token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Posscoin is an exit scam or that Posscoin is any other type of scam, nor does CoinCurb insinuate that Posscoin (or Posscoin token) team are scammers or that Posscoin (or Posscoin token) advisors are scammers. CoinCurb allows viewers to reference sources related to Posscoin development, Posscoin token trading, and/or Posscoin team as an uncertain reference when deciding if Posscoin is a scam or Posscoin is not a scam.