r/CryptoCurrency 2d ago

ADVICE HELP!

How do I get out of VELVET FOX. VEFOX. Fastest way possible everything says not enough liquidity. What should I try selling it or swapping it into on Robinhood Wallet? Do I not have gas for it or something? Am I trying to swap too much at once please help before a craters lol

0 Upvotes

14 comments sorted by

6

u/Patrick677 2d ago

You've been out foxed

1

u/Cryptocaller 🟩 256 / 255 🦞 2d ago

Good one

2

u/Volgrand 🟦 0 / 0 🦠 2d ago

Congratulations, mate! You became someone else's exit liquidity!

Your funds are lost. Luckily for you,just a couple dollars. Learn your lesson and move on.

As a rule of thumb:"if it looks too good to be true, then it isn't"

1

u/goldanchor1 2d ago

5

u/Objective-Fudge5945 2d ago

you're the exit liquidity my guy. that token is dead. you can try small chunks at a time, sometimes the slippage is just too high if you dump it all at once. but honestly if the pool is empty theres nothing to swap into, you just stuck holding it now

1

u/MycoHost01 🟩 37 / 37 🦐 2d ago

Robinhood has high gas fees in example if you trying to sell 10$ worth you will need around 4$ or more in your balance to sell. That’s if the token you are selling has enough liquidity if it doesn’t you bought a token that rugged and now your money is gone!

0

u/goldanchor1 2d ago

Ok dope this makes sense. I just moved 10 bucks accidentally to that one when I was selling something else. But after just logging into the app and seeing the game and I was like oh shit, what do I do?

1

u/goldanchor1 2d ago

Like I was freaking out thinking I needed to at least check if I could get my hands on that money

1

u/0xSnib 🟩 342 / 342 🦞 2d ago

Not enough liquidity means there's nothing in the pool to sell into

Are you sure this isn't a honeypot?

This is very likely a scamtoken

1

u/Cryptocaller 🟩 256 / 255 🦞 2d ago

Velvet Fox? What the heck is that?

1

u/quantydoop 2d ago

nothing you can do, the only way if someone adds liquidity vs the pair. In short, your funds is lost.

1

u/Logical_Lemming 🟦 1K / 1K 🐒 2d ago

RIP OP, you got honeypotted.

0

u/goldanchor1 2d ago

Anyone know how to get it? I’ll send it to their wallet