Was washed out by the 200x pump!
Revealing the superb pump-and-dump techniques of the Shenzhen meme!
Yesterday, a programmer launched his project with a coin. By the time it was shared in the group, it had already started to drop...
Most people in the group also thought it was trash and left.
I found his tech was decent, wanted to launch on TG, but TG never went live and he got criticized.
Lowest was 0.00031, I really felt this could be a conspiracy scheme, gathering funds.
I decisively jumped in.
Sure enough, within a few minutes, calmly waiting for the big players to get in and tweet, promoting it like crazy. And they were all heavily invested.
I thought it was stable.
But after the pump, it started to plummet, I hesitated, was in doubt, could it be?
I immediately ran away.
The result was a wild surge, without looking back!
Then it was a continuous pump and a steady rise.
This is the Shenzhen game.
At the start, they wash you out to pump, see if you continue to get washed, and then a bunch of KOLs go crazy promoting it.
If you don't run, I won't pump; if I pump, you build up!