$FUN Retail Investors: Jumping off a cliff without a parachute! Exchange backstab + Doge capital harvesting!
FUN today played out a 'high-altitude bungee jump', plummeting from $0.007 to $0.002 in free fall, and retail investors angrily cursed: 'Is this bottom fishing? This is jumping off a cliff without a parachute!'
On-chain evidence: a certain large holder dumped 50 million FUN into the exchange at dawn, accompanied by a trading volume of $22.17 million (5 times the usual), clearly indicating a collusion between doge capital and the project party to harvest retail investors. Retail investors bottom fishing? They are just picking up the doge capital's foot bath water!
1. FUN's bloodbath is backed by three fatal strategies:
1. Project party running away: At 2 AM, FUN's core developer tweeted 'Goodbye', then the wallet address cleared out and cashed out $30 million, causing the community to explode, and retail investors rushed to hang orders and flee overnight.
2. Exchange backstab: The second-tier exchange 'BiHai' suddenly delisted FUN at 8 AM, leaving holders scrambling to switch to other platforms, and the price directly plummeted.
3. BTC dragging the market down: BTC plummeted by 7%, draining liquidity from small coins, and FUN, being a small-cap coin, directly became a cash machine for doge capital to dump and run.
2. With FUN's trajectory, buying at the bottom is worse than buying ghost money! Three ironclad pieces of evidence to send it to the west:
1. On-chain death: The stock of FUN on the exchange surged by 80% in 24 hours, but stablecoin buying nearly hit zero, with funds fleeing faster than dogs.
2. Technical indicators buried: The daily RSI dropped to 8, but the rebound volume is like passing gas, a typical 'dead cat bounce', bottom fishing means catching flying knives.
3. Ecological collapse: Project party running away + exchange delisting, FUN has become a zombie coin in the crypto circle, with only one path left to zero.
Remember: In a bull market, altcoins are money printers; in a bear market, altcoins are money shredders! I am Tang Seng, a top-tier team, only serving those with vision and ambition!
