It deserved to be delisted. Binance is late on these matters.
Franklin_LFG
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Bullish
šØ The Delisting Trap: Donāt Get Played šØ
We've seen this before, and weāre seeing it again with $LINA. A coin gets hit with a delisting notice, panic selling kicks in⦠and then, suddenly, the price starts climbing.
Looks like a recovery? Not really.
Hereās whatās actually happening:
š¹ Step 1: The Panic Dump The announcement drops, people rush to sell, and the price tanks. It looks like the coin is dead. But behind the scenes, whales and market makers are watchingāwaiting.
š¹ Step 2: The Fake Pump Out of nowhere, the price jumps. Volume spikes. Social media starts buzzing: āMaybe itās not over?ā FOMO kicks in, and retail traders start buying. But the truth? Itās a trap. Whales are just propping up the price to unload their bags.
š¹ Step 3: The Reality Check Then, the moment of truthāthe delisting happens. Liquidity vanishes. The price nosedives. And those who bought into the pump? Trapped.
This isnāt a lucky bounce or some last-minute miracle. Itās a well-orchestrated exit strategy by those who understand how to play the market.
Lesson? Donāt chase delisting pumps. If a coin is on its way out, thereās a reason. Move smart, not emotional.