A new market trend has spotlighted the Hasbulla BULLA token, which has quickly raised over $12.5 million from the industry. Despite the growing hype, many market participants are questioning whether or not it is just another pump-and-dump scheme. Notably, past projects linked to Hasbulla have failed, raising doubts about this new token’s future. Past Scams Tied to Hasbullah Resurfaces With BULLA Token The token in question is tied to Hasbulla Magomedov, an internet personality whose track record in Web3 is already a troubling reality. In 2021, he launched NFTs with vague perks and plans for a metaverse that never materialized. In early 2024, he introduced the Barsik token, which quickly became a pump-and-dump.  It is worth noting that over 60% of the supply was scooped up by insiders and bots at launch. Blockchain analysis showed wallets linked to the team selling off large amounts while public promotions continued. The same… Read More at Coingape.com

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