🚨🚨The dark truth behind the APE surge💥
The recent 100% surge in the price of APE (ApeCoin) seems like a good opportunity to make money, but there is something fishy behind it. 🌑This surge may be caused by bigwigs and insiders who manipulate the market with large positions. 🐋They buy in large quantities to create retail investors' "fear of missing out" (FOMO)😱 and artificially push up prices. When the price goes up, they sell at high prices, smashing the price down and letting retail investors take over and suffer heavy losses. 📉
This "pump and dump" routine is common in the cryptocurrency circle, and APE may be the latest target. 🔄Rumors about development or cooperation are often leaked just to add fuel to these pump and dump behaviors, even if these rumors are not fulfilled in the end. Information opacity has caused many investors to suffer losses. ⚠️
Everyone should be careful! Although it is tempting to make money quickly, the risk of being manipulated is also high. Don't be harmed by hype! 🔥
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