TRimmis

Ladies and gentleman if you think you work hard then think again, i am going to show you the most overworked man on the planet.

I am already warned and restricted (less views), this post might get me banned, the truth hurts.

Firstly this is VERY important to note 👇

For non-English speakers (If you dont understand the image above),
Badges/check marks are used to determine the account belongs to the person they represent and to help retail traders make knowledgeable choices about who they follow and interact with.👍

For Binance to bestow (Binance wording) people or accounts with a check mark they must pass the verification process, this includes a photo I.D and facial recognition.👇

If you are a new or uninformed retail trader and log on to square you might be met with this friendly guy, a Crypto Expert and he has a check mark.

He is also number 3 on the leaderboard 🥳🥳 (dont worry if you forget he will remind you 20 times per day, vote vote vote.)

He has been very busy on Square.👇

He has made over 3300 posts in just over 2 months, thats around 50 per day!

Feel free to read the Binance terms or the square terms/community guidelines, in their terms/guidelines it clearly states that you are not allowed to spam post or post in a manner that would influence square users.
The square/community terms also state you are not allowed to post misleading articles that cannot be backed up with facts or proof.
There are also many terms about influencing the behaviour of square users by farming for likes, shares and so on.
Bullishbanter does all of the above of a daily basis.
This has just become increasingly worse as many "top voices" are pushing for the top spots on the "coveted" binance creator leaderboard.
I have been censored/restricted for including my X profile in a post, my posts are moved to the back page (less views)👇

You will always find Bullishbanter on the front page of square, i guess he has not done anything to break the community guidelines, his account/posts are clearly not restricted.
I have never promoted anything on Square (or elsewhere), this includes not having any binance campaign promotional tags on my posts.
Maybe because I speak the truth and I don’t push/promote the "binance family" narrative or promotions is why I don’t get the same preferential treatment other "binance family" accounts do.

Anyways moving on.

He also has an X account (I cant share the full image or i will be banned)

Binance KOL ☝️ Key opinion leader - a person who’s opinion holds sway over a large group of people

His X posts are also retweeted by a few other top square posters with square check marks.
He seems to attract very beautiful people on X , these beautiful people comment about how amazing he is and retweet his posts, they are clearly not fake X accounts, it’s just a coincidence they all have the exact same style of X profile and they are unbelievable beautiful.

He also has a telegram. (I erased his @ from the image because I don’t want to promote this)

He spam posts all day, many of his posts are parabolic Bullish 1 minute then followed by market crash fears a few minutes or hours later, mostly just spam without justification or any conscious.

Also he seems to target the Pakastani community and he knows where 90% of his followers come from...how does he have this information?

He posts blatant lies about how he went from rags to riches in a year trading ALT coins, and he will share how he did it.👇 (One of many examples)

He degrades his followers to spamming " voted voted voted "or something similar in his comments section in the hopes they might get some type of red packet reward.
I tested this myself, twice, on 2 different posts, i did the task, i typed exactly what he asked or hinted towards, i never received anything, maybe i am just unlucky😕

1430 replies on this post alone, 99.9% of which are people looking for some type of red packet reward. Also it says “you will get a red packet”, I didn’t , surely offering rewards for a task must be binding?
Read his posts, he constantly tells his followers they are responsible, yes responsible, for 5 votes per day and must get their family to vote, for what the chance they get a $0.01 red packet reward?
He is preying on poor and desperate people, even telling them to get their families involved to vote for him.
He calls his followers family and says he loves them but it’s all for his gain, it’s narcissistic and a scam.
If he wins the square awards it will enable him to leverage that as trust, maybe in outside paid groups.

Is this the binance square family?

Is this good for retail crypto?

The circle of death for uninformed retail traders on square,
They trust the garbage these check marked (verified) accounts post about and when they go broke they are reduced to basically begging for money in the comments and being bullied by constant posts/pressure to do a task for these account holders, it is sickening and immoral !!
I know this breaks numerous binance square terms already, nothing is done, why?
This is a poster who is on the front page of square always, unless you block him you will see his posts all day, every day.
I think it is clear to see that this is terrible for uninformed retail traders, its spam, misinformation, its manipulation and its predatory.
It needs to be stopped!

Now we could just end this post here but where would the fun in that be...

So before i go i just have one more question.

Now this could be nothing.

I will let you decide...

Remember he has a check mark, the account is verified!

So will the real bullish banter please stand up?

Ye its probably nothing right.....

Check marked account.

Binance KOL, 106k followers.

Number 3 on the leaderboard.

Welcome to Binance square 👍

Peace

#TheWolfThatWins #scamriskwarning #BinanceSquareFamily #TelegramCEO

I will show you in this post that no matter how low you think Crypto prices are currently, the early investors(VC) dont care and are in huge profit regardless.

This is a long read but you will learn something from this post, it also includes a trade idea at the end. (Because most will all ask anyways 😂)

I research crypto A LOT, probably to much for my own sanity, i know how the crypto market is getting manipulated and how retail is being used to make VC investors even richer.
Most in Crypto sadly dont understand this, hopefully this post will teach you something.

Thank you to TRimmis for pointing this unlock out for me🤝

In this post i am Using AltLayer as an example.

In 10 days AltLayer has a very important unlock happening, important for the early investors , this is a great example of a much larger problem happening in crypto.
While i am focusing on AltLayer for this post, AltLayer is just one of hundreds of projects that are founded, funded, launched on exchanges , all in a very similar way.
Pro VC, Anti retail.

For reference VC/VCs are venture capital/capitalists ( Investors who fund crypto projects before retail traders can buy them)

Case Study $ALT - AltLayer.

Current price - 0.1329
Current Market cap - $ 146 Million
Fully diluted value - $1.32 Billion
Circulating supply - 11%

For this post i want to focus on Investors(including advisors) and team.

I want to break down how profitable it is starting a project like AltLayer.
As shown in the image above the Team and Investors(Including advisors) have 38.5% of tokens(Total supply) allocated to them.
Team 15%Investors 18.5%Advisors 5%

Before we go further it is important to understand that these projects have a vesting period
A vesting period is a predetermined amount of time that tokens are locked, before this time the tokens should not be allowed to be unlocked, transferred or sold. A vesting period is supposed to protect retail investors from rug pulls and rapid inflation, vesting periods can be split into many unlocks over many years.

I underlined the word "should" because this is not always the case, in projects that are dodgy or where the project team/investors make the decisions, these unlocks can happen whenever the project team want, it was why months ago i told people to sell their PYTH tokens(And i got a lot of hate), the Pyth project team did exactly that, they unlocked their tokens prior to the vesting period to sell at a better price.

After the vesting period tokens will be unlocked and distributed as per the defined allocation breakdown, these unlocks happen in 2 ways, a linear or cliff unlock.
Linear is a slow release of tokens over time, could be days,weeks,months. Cliff unlock is a total unlock on a certain date.Cliff unlocks have far more impact on price as they potentially flood the market with new supply, the larger the unlock % to the current circulating supply, the larger the possible effect.

In 10 days $ALT (AltLayer) has a HUGE cliff unlock coming !👇

684 Million $ALT tokens will be unlocked, an increase of 42% of the current supply, this unlock is worth $86.7 Million

This is the breakdown 👇

I have underlined the token unlocks going to team and investors.
The $ amount of the July 25th unlock (at todays prices)
Team - $23.8 MillionInvestors - $39 MillionAdvisors - $10 Million

This is USD value, this is what they can sell their unlocked tokens for.
Investors and advisors are basically the same thing, so $49 million going to investors in this unlock.
In 10 days the early investors will be able to cash out this $49 Million

This is what VCs paid to invest in AltLayer.👇

Lets break this down.

The TOTAL raised for AltLayer funding was $21.6 Million.
Inicial seed VCs ($7.2M invested) paid $0.008 for their tokens( at current prices they are up 1400% ROI)
Strategic partners($14.4m Invested) paid $0.018 for their tokens (at current prices they are up 576% ROI)
Also please note this $14.4M strategic investment happen in Feb 2024, 5 months ago.
In the July 25th unlock alone the investors will unlock $49 million worth of tokens, this is just one of many future unlocks to come.

AltLayer only launched on Binance 6 months ago.
This is the first cliff unlock for investors, they are unlocking $49 million worth of value on their first unlock, total funding was $21 Million.
As the image above shows, the VCs will still recieve tokens via unlock until mid 2028, on their first unlock alone they have already more than 2x their funding investment.
$21.6 million funded($14 Million of which was 5 months ago) -> $49 million on first unlock.
For uninformed retail traders the current AltLayer prices seem low.
Why?
It is basically a PsyOP and little else.
We have slowly been manipulated to accept that the price tokens trade at in the days-weeks after launch is their fair value, or even that they are undervalued.
Because AltLayer was $0.60 or $0.50 only a couple months ago we now believe that the current price of 0.132 is an absolute gift.
The VCs on AltLayer will make $28 Million(or more) profit on their first unlock , after that they have 4 more years of profitable unlocks to come, this unlock returns their full investment and a large profit, we make it so easy for them.
95% of these projects have little real world usage, their value is solely what retail traders will pay for tokens and how much VCs can make.
Each of these projects have their own diehard fan base, for AltLayer it is probably the people who went all in at $0.50-$0.60 , now they have to tell themselves and others that it is the best project in the world.
Also note that Binance are one of the investors, not only on AltLayer but nearly all other tokens launched on the exchange, they get free/basically free % for launching the project on Binance, they make Billions off it.
Binance rarely, if ever, disclose their funding agreement with these projects, you can decide for yourself why (So i dont get banned)

There is no solution to this until most of Crypto stops supporting these projects.

The tokens from the upcoming Altlayer unlock will be dumped in the days-weeks after the unlock (Or before if they dont respect the vesting period)
The sale of these tokens give early investors a risk free and profitable investment, the next 4 years are all profit.
The problem is the VCs know that many in Crypto are becoming wiser to these VC funded, mostly garbage projects, and to the unlocks.
These tokens could be unlocked prior to the scheduled unlock, price could also be manipulated in the days before and after the unlock so the VCs and Team can get max value when they dump their tokens.

These VCs are already rich, they can afford to hold the tokens after unlock, just because they are unlocked doesnt mean they will be sold, it just makes them transferable to be sold.
With current economic/crypto price uncertainty i feel that the VCs will dump most of their tokens around this unlock.

*Edit* I included a trade idea at the end of this post that i have since removed as it is no longer valid and i dont want it to be misleading, i shorted ALT at 0.16 before the unlock and took profits when price dropped to 0.13.
If you enjoyed this post a like is always appreciated, i put a lot of time and love into these posts.🤙

Peace

#TheWolfThatWins #altsesaon #AltLayer #BinanceSquareFamily 👇