@PotMineX

PotMine is a Solana-based jackpot mining protocol launching $POTCOIN, claiming to replicate Bitcoin's proof-of-work lottery mechanism without specialized hardware.

The project has minimal following (163 followers), a brand-new account (<2 months old), and encourages users to 'mine dollars for less than a cent' through a pool system.

While genuinely early-stage, multiple red flags emerge: vague technical claims, meme-heavy marketing focused on price ('100x more rewarding'), anonymous team with fee extraction model, and presale-style urgency ('mine before it's too late').

Green flags: Genuinely early-stage with small footprint (<200 followers, <2 months old) · Claims novel mining mechanism adapted for Solana ecosystem · Pool-based network effects model mentioned

Red flags: Hype-focused language: '100x more rewarding', 'mine before it's too late', 'POTillions' · Vague technical substance - no whitepaper, no clear mechanism explanation beyond 'hash-rate lottery' · Anonymous team with fee extraction model ('tiny % of fees go to the team') · Presale urgency tactics and speculative marketing over technical depth · Token not yet launched but aggressive promotional tone suggests potential rug risk