$OM // Dump Issue
Crypto trading Learn
When the owner of a coin in crypto holds 70% or more of the supply,
it is exactly like:
"A pot of biryani is kept for a wedding, but 75% of the pot has already been reserved in the kitchen for special guests like relatives
- Only 25% is left for general guests
- People line up with plates
- Some only get rice, some get an empty plate
- And those who get meat post on Facebook:
"Today's pot was amazing!😂
The same happens in crypto
- The coin owner holds more supply
- A little supply comes into the market
- People buy in hype
- As soon as the price rises, the owner dumps
- And only empty plates are left with retail investors!
When 75% of the meat from a pot has already gone to the "VIP room"...
Only the aroma remains at this wedding, not the eaters 🤷♂️
Some traders say:
"If you want to invest for the long term, make sure to look at the coin's use case."
But ladies and gentlemen
Just remember: OM was also a "utility coin",
whose market cap went up to 7 billion dollars!
And then what happened? 💥
The same thing that happens to every major claiming coin, a crash!
These days, the formula for success in crypto is just this:
