@TheJeetHunter Let's see. I know you know your stuff, so I take your opinion and TA seriously.
Personally I think that can happen but there must be some good market news such as war ending etc
Yeah we need better traders with morals.
If people stopped buying vamps and all the forced slop pushed by the same people, this market would be much healthier. And by vamps I don’t mean redeploying some coin that’s been dead for years. I mean when they be deploying 20 versions of the same shit at the same time.
The whole market goes in full circle: Devs, traders, communities and KOLs all depend on each other.
If one part is broken everyone suffers.
If traders stopped gambling on every new coin, there would be more money and attention for actual quality projects. You don’t need to trade 100 coins a day. A few good plays a month can make you serious money.
The problem with this market is that KOLs and big accounts have become so used to getting everything served to them. They expect to get paid, get supply deals or just launch the coins themselves.
Back in 2024 you would actually see KOLs and big accounts joining your coin's group chat and bagworking with the community.
This rarely happens anymore especially with social trading. Now it's not only KOLs behaving this way but even the good traders.
Hopefully Mihao can change this.
The coin sat between 20-80k for 3 whole days before going to 200k, then took another 10 days to go from 200k to 1m before reaching 20m.
So before you start calling this another forced push, you're completely wrong.
You guys know me by now. I would call out any forced slop I see, but this is the first coin in a very long time that I believe grew organically.
Sure maybe some KOLs bought huge amounts of supply at 1m, but that's not the same as these KOLs bundling a coin to 1m themselves.
There's a big difference between people discovering a coin that's already growing and insiders launching a coin just to dump it on everyone else.
And as the ancient Chinese saying goes:
"if you don't believe in the cat, put the chopsticks up your ass and let the wisdom enter from below"
@blaze250th Yeah I get it that it's risky to buy something at 100k or 1m when the downside is 99%, but if people with real motion could choose to support real charts and communities more often this market would already be 10x better