@goatdsalmon There was a token called coal, claiming all this same stuff. Turns out they were making sure the teams side wallets were always hitting the mother load or winning the pots and cashing out instantly. They would pump the price up a bit, only to sell all their winning back into it.
@StalkHQ So, in other words, this bounce is to pull in more exit liquidity, because if they thought the token was going higher, they wouldn’t have dumped them all…
@TRexDoesCrypto@fathom_lab Yeah, i dont know what solscan was showing me before, it looked like every wallet only had styxx in it and they were new wallets, my mistake.
@cakeeew@toly its being farmed like crazy and that never a good thing. people start to lose interest and move on when the farmers crush the hell out of the chart
@RealPengo@TheRabbitHole Nothing in crypto is long term anymore, big wallets are already selling and moving on. People are loosing interest. Tolys post aren’t pushing up prices, so people are moving to the next hype.
I don't get why every coin has to turn on those shitty volume bots and ruin the chart with them. Everything was looking good. Oh well, lets see where this goes...