/biz/ - Business & Finance

Didn't RLX exit scam two years ago. What in the fuvk is going on?

Does Keith hold bags? And how heavy are they? What do you think, /biz/?

What did they mean when saying...
>We joined forces with the Belarus Digital Transformation Team earlier this year
>We are working with the Belarus Stock Exchange in order to create a Relex ecosystem under which already existing businesses/industries (I forgot what exactly) can be digitalized
...? Am I actually going to make it with this of all shitcoins?

>the team talked about wanting to peg their tokens to actual assets after transferring from ETH to the Belarus National Blockchain
>they also talked about increasing the supply cap to a potentially "optimal" 5 billion
>but the most recent post talks about minting new coins with no concrete mention of an "optimal" cap
In the former case, with there being a supply cap, it looks like this shitcoin still has huge potential. In the latter, with new investments simply resulting in the minting of new tokens, the current tokens might simply retain only their current value, with it working more like a Tether, whereas only newly minted tokens are truly backed. (Unless they increase the of all tokens before making it "stable". Which begs the question of why they would pump your bags.)

I asked on their telegram whether there is still the intention of there being a maximum supply cap, and whether the market cap of the tokens will be about equal to the AUM, but there has been radio silence in the chat ever since. Really gets you thinking, doesn't it.

What's /biz/ current opinion on this shitcoin? Anyone here who still follows this project and actually understood their plan on telegram? Does the Relex representative on Telegram himself really understand it?

This is just the beginning

>>15463860

what happened to the shills and bagholders of this shitcoin?
have they killed themselves already?

Don't forget, 1000x or bust. Are you willing to take the risk?

You were warned. This shit is going to bring blockchain into governments...

Monthly reminder

DYOR

Monthly reminder

Only 75m in main wallet left, team won't be able to keep price at these levels much longer.

Be prepared.
You guys have no idea what is about to happen.
If you want to be in on 1000x enter now.
don't say i didnt warn you

Monthly reminder that there are legit projects out there, no matterhow many people are screaming scam. Best longterm risk/reward coin besides the two big ones.

Absolute scamcoin that I unfortunately bought early on. If it's not an outright scam then they're just plain incompetent.
Most holders are banned from their Telegram, which is all just bots and team alts. All RLX pumps have been because of team wallets buying, and they are constantly selling into dumps, often way below market price. The CMO had alts in Telegram that he used to attack the community while he was personally trading RLX behind the scenes. He resigned but was given a job back. Leaked messages show that FINRA approval is off the cards and that basically all the exec team hate each other. They twice paid off an admin who leaked messages. The CEO is a sociopath who occasionally pops up in Telegram to bitch and moan and challenge people. They've now created loads of additional coins which serve to lock up RLX tokens to try to stop people selling, and are now claiming that the amount locked up is 'invested' even though no one has ever invested on their stupid platform.
There may be the odd pump but there's zero chance these fucking clowns will make a success of their ridiculous project. So many red flags I can't believe anyone would take it seriously. Do yourselves a favour and leave this shit alone.

Is this the next IDEX pump?
Nearly 6000 users now on their Telegram ,
Worth investing before 11th of April when they have presentations in Europe ?

25000 RLX Airdrop on Latoken , check it out

Please, daddy

FUD me daily

I like it sooo much

I feel like I got scammed.

DYOR
Will be the easiest 1000x of my life

Scream scam all you want but make sure to accumulate while you can before moon mission. You have been warned.

There's a terrible lack of Relex threads lately

Losely following this. Your thoughts anon?