Futures
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Gold
One platform for global traditional assets
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Hot
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Launch
CandyDrop
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Launchpad
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Alpha Points
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The套路 behind those altcoins claiming to skyrocket 100x or 1000x in a few hours on the market must be understood. These projects completely control liquidity before pumping, with the project team and their affiliates holding all the cards. Once retail investors flood in, their strategy is simple—abandon this chain directly and start a new coin.
Take Pippin as an example. Blockchain address tracing shows that there were very few holders before the surge. Because the chips were highly concentrated, the project team dared to manipulate the price recklessly. By the time retail investors rushed in, it was already a done deal. Those latecomers who jumped in ended up as the last to be caught in the trap.
Comparing the performance of Doge and Pepe makes it clear—too many retail investors bought in, creating strong selling pressure, making it impossible to rise. Do these coins want to become tools for getting rich? Dream on.
Look at Michael Saylor’s MicroStrategy company—focused on Bitcoin investment, yet its stock price has fallen to this level. Those still dreaming of turning around with trash coins, it’s better to go to bed early than to keep daydreaming. The market is always teaching those investors who hold onto false hopes.