Is DIAOS a Scam Project?

Key Takeaways

  • DIAOS project has seen a sharp price drop of more than 96% on May 11th, 2022. The owner has minted 1 million DIAOS tokens using the onlyOwner mint function and sent it to another address that has been selling the token for BUSD.
Token Price Crash
Token Price Crash

Here is the contract address:

Here is the owner’s address:

Here is the address to which the owner transferred funds:

Now, the above address has started selling tokens via PancakeSwap.

Here is the address to which the above address has transferred around 500,000 tokens:

Now, this address has also started selling tokens via PancakeSwap.

Not much information is available about this project. It is not listed on any major crypto exchange, and we could not find its official website.

Here is the token address: It has a supply of 5,000,000,000 tokens. Currently, 23,638 addresses are holding it.

We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.

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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)