MooKing Risk Magnifier｜Dude! Are these Meme coins really appealing? No, actually it's a 'real loss'

The hottest topic on Binance this week is YZY's 'god-level buyer'. Some people see it as a joke, but in reality, this is a typical harvesting script.

To put it simply, many Meme coins are 'stories written by the market makers', and retail investors are just the last batch of harvested chives. To speak professionally, this is a liquidity trap: the market makers first position themselves at low prices, then rely on community hype to attract newbies, and finally sell off at high points.

Bubblemaps' charts have repeatedly proven that the wallets of these coins are highly concentrated. Currently, several wallets are interconnected, basically signaling 'market control'.

As for me, MooKing, I absolutely avoid this kind of market; I'd rather earn interest on stablecoins than be the last one to take the fall.

What about you? Would you bet that these Meme coins can double, or would you choose to put your money in a more transparent place?

@Bubblemaps.io | #Bubblemaps | $BMT

#MooKing See you in the next little classroom!