never in my web3 career have I seen a $10M market cap token have less than 1,000 holders while also simultaneously having a 2.89% LP to MC ratio
A well run project should have anywhere between 15-25% ratio to absorb large sells when they inevitably come
as of now a $50,000 sell will drop the chart by probably 50% in one candle and that seller will likely only get about $20,000 because there is no liquidity…
this is what people refer to as a bundle or a honeypot on any other chain
respect to the bundle holders for holding up to this point, but this is surely a disaster waiting to happen
if you’re offended by this post then you are likely over invested, don’t shoot the messenger and don’t say I didn’t warn you…
$BCHAMP $XRP
it’s great to see some movement on XRPL
but let’s go over some facts…
$BCHAMP despite its recent surge, has yet to breach even just 900 wallets holding…
That m/c to holders ratio is typically a big red flag as it indicates a very top heavy distribution 🚩
tread lightly
@browardboyxrp@Hunnernpc@evernorthxrp give yourself more credit, you never know how somehow got where they are.
im an open minded guy, if I see the issues addressed then I will change my tune but there’s a ton of work to be done as of now
do you even know much supply he has? I don’t. But I do know a lot of the other top holders wallets and it doesn’t make me bullish at all
the token sat dormant for basically a year aswell so who knows what kind of bad actors could have accumulated big bags of supply.
these are the questions and the tokenomics that matter.
$6,000 sell
11.2M—> 8.5M
-30% in the blink of an eye
this is why LP is king ladies and gentlemen
good luck to those who bought the dip I’m afraid you’ll need it
$6,000 sell
11.2M—> 8.5M
-30% in the blink of an eye
this is why LP is king ladies and gentlemen
good luck to those who bought the dip I’m afraid you’ll need it
time and time again i have been early to the upside and the downside on xrp memes.
i know nearly every active whale on the ledgers wallet, barring a couple.
i have marked countless tops and bottoms with and without trading charts.
even those of you who try your best to hide your tracks and mix your wallets, you’ll never do it like me, it’s impossible…so just stop trying.
and i mean it when i say impossible, but that’s a story for another day.
those of you who made money? awesome…now let’s have some self awareness and take a step back…or don’t…🤷🏻♂️
what do they say about horses and water?
never in my web3 career have I seen a $10M market cap token have less than 1,000 holders while also simultaneously having a 2.89% LP to MC ratio
A well run project should have anywhere between 15-25% ratio to absorb large sells when they inevitably come
as of now a $50,000 sell will drop the chart by probably 50% in one candle and that seller will likely only get about $20,000 because there is no liquidity…
this is what people refer to as a bundle or a honeypot on any other chain
respect to the bundle holders for holding up to this point, but this is surely a disaster waiting to happen
if you’re offended by this post then you are likely over invested, don’t shoot the messenger and don’t say I didn’t warn you…
$BCHAMP $XRP
it’s great to see some movement on XRPL
but let’s go over some facts…
$BCHAMP despite its recent surge, has yet to breach even just 900 wallets holding…
That m/c to holders ratio is typically a big red flag as it indicates a very top heavy distribution 🚩
tread lightly
never in my web3 career have I seen a $10M market cap token have less than 1,000 holders while also simultaneously having a 2.89% LP to MC ratio
A well run project should have anywhere between 15-25% ratio to absorb large sells when they inevitably come
as of now a $50,000 sell will drop the chart by probably 50% in one candle and that seller will likely only get about $20,000 because there is no liquidity…
this is what people refer to as a bundle or a honeypot on any other chain
respect to the bundle holders for holding up to this point, but this is surely a disaster waiting to happen
if you’re offended by this post then you are likely over invested, don’t shoot the messenger and don’t say I didn’t warn you…
$BCHAMP $XRP
never in my web3 career have I seen a $10M market cap token have less than 1,000 holders while also simultaneously having a 2.89% LP to MC ratio
A well run project should have anywhere between 15-25% ratio to absorb large sells when they inevitably come
as of now a $50,000 sell will drop the chart by probably 50% in one candle and that seller will likely only get about $20,000 because there is no liquidity…
this is what people refer to as a bundle or a honeypot on any other chain
respect to the bundle holders for holding up to this point, but this is surely a disaster waiting to happen
if you’re offended by this post then you are likely over invested, don’t shoot the messenger and don’t say I didn’t warn you…
$BCHAMP $XRP
@de_lightone23@ShittyPanther thank you brother, I know others see the same thing as me but they don’t have the balls to speak on it, or they are biased but I not. so I’ll happily speak my mind
I have no masters to report to or cabals to appease, that’s the beauty of being an actual trader and not a larp