While $CATE was going from 80m-10m in a single candle and all fomo traders were trapped in their positions because fomo went down, it looks like crypto influencer Marcell (a fomo KOL) was able to exit his position. Apparently only fomo partners/affilaites were able to sell. You don’t hate these people enough.
Same guy calling extraction "disgusting."
Meanwhile every chart he touches ends up extracting retail.
It's only a problem when someone else does it, apparently.
It's pretty obvious that $CATE is being heavily manipulated.
This is NOT a case of a random holder accidentally dumping their tokens, and it is NOT a normie who just woke up today and saw their coins had pumped.
If you look at the chart below, the sells causing the crash mainly stemmed from MM bot wallets, that sold small amounts of the token across thousands of wallets simultaneously.
If it was a lucky holder who got tired of holding, it would've just been 1 giant candle down. But as you can see below, that's not the case.
I'd like to end off by saying I typically hate fudders, and strongly believe that "if you respect the pump, it will come to you", but when I see an injustice happening, I will always stand up and speak my mind.
@PoorGoat_ and the $CATE dev team have been putting a ton of money into tiktok marketing campaigns, and framing the entire rally as "onboarding retail", when in reality it's a heavily manipulated token, designed to extract from retail traders.
It's a common KOL strategy to buy and hold a large amount of supply on a public wallet, while selling supply on their other wallets (aka "side wallets").
I'm all for onboarding new people to the trenches, but not like this.
Be safe and DYOR
The worst thing that can happen to a memecoin trader...
is a big win.
Read that again.
Everyone thinks losses destroy portfolios.
Most portfolios are actually destroyed by what happens after the first big win.
That's why you should journal every trade.
Not just your entries and exits.
Write why you bought.
Why you sold.
Why you won.
Why you lost.
What you ignored.
What you felt.
A big win floods you with dopamine.
You stop respecting the process because your brain starts believing you've mastered the market.
That's when the market humbles you.
Your journal isn't there to remind you of your wins.
It's there to remind you of the habits that created them.
I cannot stop crying about how I would’ve turned my 7k into 140k If I had aped into $catecoin instead of fucking Jimothy
I’m back to 0 now, I’m gonna take a break from crypto for a while
I don't want cars, i don't want watches, i don't crave lust, i don't want a fancy lifestyle, i don't want rich food, i don't want to retire, i just want property, a house, piece of land.
Gunman OPENS Fire On In-N-Out... Then A Cowboy Steps Up And Does The UNTHINKABLE
Jordan Salinas put his life on the line to help stop a mass murderer, saving countless lives
This is exactly why the Second Amendment is important
Trump should give this hero the Medal of Freedom
🇺🇸 This is Jordan Salinas, the armed civilian who engaged a gunman in Idaho yesterday, forcing him to retreat and saving countless lives.
The shooter opened fire with an AR-style rifle at the In-N-Out Burger in Twin Falls around 2:30 p.m.
3 people died, including the shooter. 7 others were wounded.
Jordan is a local resident known for posting firearms training content. That training sure came in handy...
Writers: Sol, Michael