This post may soon disappear!
LIGHT skyrocketed tenfold before crashing, and BABY is also hard to escape the fate of crashing.
$PIPPIN 0.37 can still hold for how long?
This is simply a carefully orchestrated scheme of 'spot trading as props, contracts for harvesting'!
After a while, a grand contract will go live, followed by a large influx of capital, and both bulls and bears will start the showdown.
How much longer will this feast of harvesting vegetables last?
The dark veils that no one dares to unveil will finally loosen today! Poor skills don't matter, but if this continues, what will be lost is not just the trading capital!
Let’s start with the perpetual contracts that are clustered together in 2025!
Recently, LIGHT surged directly from $0.56 to $2, just waiting to attract retail investors to short! Afterwards, it repeatedly squeezed shorts, pushing the price up to $4.5, torturing traders again and again, and finally crashing to around $1, still harvesting retail investors...
Coincidentally, NIGHT surged from $0.03 all the way to $0.11; $BEAT went from $0.4 to $4.5 sideways, with a market cap that once reached 570 million, but there are still 3.559 billion tokens waiting to be released. How can this market cap be sustained?
JELLY rose from $0.011 to $0.5, occasionally making a move to attract short sellers; $POWER has been jumping around, able to double its price in a single day!
$PIPPIN follows the same pattern, first surging several times, then controlling the price at high levels. However, with too many retail investors in a $355 million pot, the market makers can't easily close their positions and can only slowly harvest...
The same tricks are being played on tokens like BABY, GUN, BROCCOLIF (from $0.011 to $0.11), FUN, and BANANA (from $0.0006 to $0.008)!
This is definitely not a coincidence!
Instead, it's a mature 'harvesting' perpetual printing machine!
The core of these printing machines is not about the size of the pool, but rather the painfully limited circulating spot!
Taking $PIPPIN as an example: the project team holds the vast majority of the chips, only releasing a small portion into circulation, not even listing on major exchanges, specifically targeting smaller exchanges and DEXes, which are all layers of harvesting!
Inflating prices in DEFI or small exchanges is completely different from the project teams' claims of 'full circulation.' These tokens all have backdoors, and they will use high APRs on-chain to attract retail investors to lock their spot into the pool, further reducing the circulating supply! This way, market makers' control over the price will greatly increase, using millions of dollars to leverage projects valued at several hundred million dollars!
It’s important to know that platforms like Uniswap and CakeSwap use an AMM pricing system, where prices are not determined by market consensus but by the remaining number of tokens in the pool! Just like the formula X*Y=K, if you put 10 A tokens and 10 BNB into the pool, and use 2.5 BNB to buy A tokens, the price of A tokens can rise by about 55%.
#加密市场观察 #
