Is Gojo Inu (GOJO) a Scam?
Gojo Inu is a memecoin project on the Binance Smart Chain. It takes a lot of imagery and branding from Jujutsu Kaisen anime and the Shiba Inu meme token.
However, it does not have any official relationship with Jujutsu Kaisen nor Shiba Inu — the developers have simply chosen to use the branding without the permission of the owners of said branding.
With that out of the way, this article will cover absolutely everything you need to know about Gojo Inu including whether or not it’s a good investment and how to purchase it.
What’s Gojo Inu (GOJO)?
Gojo Inu is a meme coin on the Binance Smart Chain. As mentioned in the introduction, it relies heavily on the Gojo Satoru character from Jujutsu Kaisen anime. In fact, the whitepaper and official website is mostly composed of images of Gojo Satoru.
It’s unclear whether or not Gojo Inu has received permission to use the images, but we are going to assume there is a 0% chance they gave done this process because the founders make no mention of doing the process.
That’s a major red flag.
Anyway, there’s not much to this meme coin. It has a 4% tax on all transactions: 1% to the liquidity pool, 1% to marketing (read: development team), and 2% will be burned. The total supply is 100,000,000,000 (100 billion).
And that’s really all there is to the project. The whitepaper is only 7 pages long including the two nearly empty pages for the title and the “partners.”
The Red Flags With Gojo Inu
There are numerous red flags with Gojo Inu. Actually, there are not any redeeming features about this cryptocurrency. Here are just some of the red flags that immediately come to mind.
The first issue we have with Gojo Inu is that it has anonymous founders. Not all projects with anonymous founders are scams, but most of them are scams.
Basically, it’s a red flag, and when combined with everything else just does not make the project look particularly good.
Very Little Depth
One major issue we have with Gojo Inu is that the project has very little depth to it. The website is one page with a few different sections and there isn’t any active community building.
We would expect a forum, a subreddit, or a YouTube channel. But none of that exists in any meaningful way.
It appears the founders are simply trying to piggyback on the anime community to drive some value to this crypto project. There just isn’t anything about this project that would give us any reason to invest in it.
Shiba Inu has a cool community, SafeMoon has (had) an extremely dedicated community that many would call a cult, and Dogecoin was just plain funny.
There’s none of that with this project. It’s like they just slapped some anime character onto a BEP-20 token and expect it to moon.
Our final issue is that this project appears to be using unlicensed images. The main problem with this is that the copyright owner can go after the developers for using the imagery.
This has not happened yet because, well, no one actually knows about this project.
However, it could become an issue if this project begins to gain momentum. A lawsuit would probably be out of the question, but a domain seizure could certainly occur.
It’s an unnecessary risk that we do not like at all.
Is Gojo Inu a Good Investment?
No, we would not classify Gojo Inu as a good investment. Again, there’s not much substance to this project and it does not strike us as a meme coin that has the potential to become wildly successful.
In fact, we would rank this project as a likely scam. The price chart looks like that of a slow rug pull:
We also do not like that this cryptocurrency has such a small market cap. The market cap is only $42,000, which is nothing. It’s so low that it might not actually have any real investors because these crypto projects usually fund their liquidity pool with $20,000-$50,000.
Where to Buy Gojo Inu (GOJO)?
If you still want to purchase Gojo Inu for some reason, then you can easily purchase it on PancakeSwap. We won’t cover how to use PancakeSwap, but it’s not a particularly difficult process.
GOJO is currently only available on PancakeSwap and we do not see that changing anytime soon.
To summarize, we are not fans of this project. It has all the indicators of a scam project, which is just bad for cryptocurrency. If you want a legitimate meme coin project, then you should probably stick to something like Shiba Inu or Dogecoin.