šØ Alert, investors! šØ
You see a token suddenly skyrocketing, with an appreciation of 100%, 200%, or more, in a matter of hours. It seems like a golden opportunity, right? But before giving in to temptation, remember: it could be the whale manipulating the market. šš°
How does it work?
1. Whales (large investors) buy a token massively, artificially raising the price (the famous "pump").
2. Many investors, seeing the price soar, enter "FOMO" and buy as well, thinking the value will keep rising.
3. When the price reaches its peak, whales quickly sell their positions, causing a sharp drop (the "dump").
4. Those who bought at a high price end up losing money when the price plummets.
ā ļø Tip: Be careful when getting excited about a token that suddenly explodes. It could be a manipulation scheme! Research the project, check the transaction volume, and monitor whale behavior. In a volatile market like cryptocurrencies, always have a well-defined strategy to avoid falling into traps.
š Don't let panic or greed take over. The market can be unpredictable, but patience and careful analysis are your best allies!
$RAD $PORTAL
