Token drop for the aptly named WTF token devolves into chaos

fees.wtf, a platform allowing people to see how much money a given cryptocurrency wallet has spent in gas fees, decided it was time to release their own token, and promised to follow it up with NFTs. They tempted people with an initial airdrop, where people recruited their friends in exchange for more "WTF" tokens. However, with a small initial liquidity pool and trading bots quickly entering the fray, enormous volatility led to absolute chaos. Some traders who were unfamiliar with setting up tolerances for slippage found their orders executed for substantially less than expected, with one user trading 42 ETH ($135,000) for what ended up being less than 1¢ of WTF. Edward Ongweso Jr wrote for Vice, "Like so many other crypto projects, it was so poorly planned, capitalized, and executed, that it’s almost indistinguishable from a scam."