Let me start off with the ugly truth. The sentiment around this project is rubbish. The are many articles like This explaining the project's questionable airdrop causing the huge dump after launch.
So yeah, many criticizes PulseChain, referring to it as another scam, mainly cause of Richard Heart. Issues such as the SEC charging Richard Schueler with securities fraud, a significant drop in the PLS token value, and the centralized control of about 90% of the supply by Richard Heart are repeatingly shared.
The questionable value of the "largest airdrop in history," is followed by the potential risks associated with trusting a single entity with control over such an immense amount of tokens.
The token found a small recovery and I get to know the core membets of Pulse, which make me feel more hopeful for the future of the chain.
I will keep an eye on the development. Time will tell if it can also operate and do well without CEO Richard, and if they will recover from the market response to that news. Show Less
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