Quebetics, a self-described ‘Revolutionary Layer 1 aggregated blockchain that will unify all blockchain networks’, has plummeted 96% overnight after a disastrous airdrop campaign for its TICS crypto token, which has left the community labelling them scammers.
Many investors claim that the Qubetics team was selling the token in presale for $0.33 and promising price increases of 20% once an exchange listing happened. During the TICS crypto TGE (token generation event) on July 24, it launched at $0.19 and in just one week has dropped to $0.06.
The initial 10% of your $TICS tokens has been successfully distributed. The remaining 90% will be released gradually, with 1% delivered daily over the next 90 days.
To successfully interact with your TICS tokens, it is essential to add the Qubetics custom network to your wallet.… pic.twitter.com/IR22LHAiXD
— QUBETICS (@qubetics) July 31, 2025
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Is TICS Crypto A Scam? Qubetics’ Own Community Members Believe So
The steep drop in price for TICS crypto is primarily due to the distribution of presale investors’ tokens. It seems the Qubetics team did not fulfill their initial promise of airdropping the tokens by the first promised date and time, and although they’ve said the TICS tokens have now been distributed, many are disputing these claims.
Many investors were shocked to find out that only 10% of their TICS tokens would be distributed yesterday (July 30), with the rest releasing linearly every day until the distribution is complete. Other members of the community are claiming that they only received 1% rather than 10%, and others are saying they still haven’t received any TICS crypto tokens.
Qubetics’ latest post on X, confirming the successful distribution of the 10% token airdrop, has been flooded with comments of angry investors, with dozens calling the project an outright scam and accusing the team of ‘rug-pulling’ the community.
One disgruntled investor, by the name of @GodsonAwudi, commented the following: “You’re all scammers. Ask 99% of your community the percentage they got airdropped. You scammed your community billions of dollars, and you still have the shame to publicly air it. I personally never got any 10%. You rugged the token price from $2 to $0.1.”
This comment is one of many that accuse Qubetics of similar transgressions, as the TICS crypto asset continues its freefall due to early investors dumping the token en masse.
Qubetics has a fully diluted market cap of $82 million at current prices and has processed $349,000 in trading volume over the past 24 hours. The team has yet to address the accusations of insider selling and last-minute changes to tokenomics surrounding the presale.
With Qubetics representing the latest in a long line of token launches that have been mired in controversy, projects such as Snorter Bot (SNORT) are pushed more to the forefront as a tool that encourages profit taking and being early into a token to give investors the best chance of turning a profit.
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BONUS: Snorter Bot (SNORT) Closes In On $3M In ICO Funding – Is This The Must-Have Trading Tool For 2025?
Snorter Bot (SNORT) is a Telegram trading bot that allows users to trade all coins on the Solana network with just a click. Users can set buy and sell orders, copytrade their favourite wallets, and even snipe the latest launches at ridiculously low prices.
The Snorter Bot is the ideal tool for traders looking to stay ahead of the competition. With this suite of tools at your disposal, making profits in a volatile market, such as the Solana ecosystem, becomes significantly easier.
This Telegram trading bot offers SNORT holders competitive trading fees of just 0.85%, making it more affordable compared to competitors like Maestro, BONKBot, Banana Gun, and Trojan from the very start.
Snorter Bot enters a market where established competitors, such as BONKBot, Banana Gun, and Trojan, generate annual fees ranging from $40 million to $80 million. This highlights Snorter’s potential to become the trading bot with the lowest costs available.
With its industry-leading low fees from the outset, Snorter Bot may also launch a revenue-sharing program similar to that of Banana Gun. This program would allow holders of the SNORT token to receive a percentage of the bot’s earnings, further enhancing the project’s value.
But, Why Buy Snorter?
Since its ICO went live, Snorter Bot has raised nearly $2.7 million in just over a month, well on its way to $3M while reflecting strong investor interest in a project that merges the appeal of meme coins with practical utility.
The bot is equipped with built-in MEV protection, an innovative sniper tool, and a copy-trade function. This enables users to follow their favorite wallets and influencers while also allowing them to acquire low-cost tokens during exciting new launches.
Although SNORT will initially be available only on the Solana network, it has been designed with multi-chain capabilities in mind. Plans are in place to support Base, Ethereum, and other prominent blockchains soon.
Investors looking for passive income from their SNORT presale holdings can stake their tokens for an impressive 162% APY. This provides an excellent opportunity for traders to earn passive income while awaiting the conclusion of the Snorter Bot ICO.
Currently, just under 48 hours are remaining until the SNORT presale moves to the next price stage. Once the timer hits zero, the current price of $0.0997 will no longer be available.
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