Caution: Be wary of potential market manipulation with $STRK! The abrupt spike to $7 within seconds may be attributed to manipulative practices. The top ten holders, possessing over 60% of the coins, profited immensely with a 100x gain.
๐ผ With each coin valued at $7, the total reaches $70 billion for 10 billion coins. Exercise caution as these top holders seem akin to digital thieves.
๐ธ Considerable Selling Price: Currently, a prudent selling price is approximately $2.6. For those inclined towards risk, contemplate selling 50% at $2.6 and the rest at $3.
๐ New coins often experience an initial surge in buying, boosting prices. However, be wary, as the selling activity of top holders can lead to a subsequent decline.
๐ก๏ธ Developer Stability Practices: Typically, developers refrain from immediate coin sales for long-term stability. Unfortunately, in this instance, theyโve swiftly cashed out, reaping rewards in a single day. Avoid risking substantial losses โ your prudence is evident.
๐ซ Ignore those advocating for selling coins at lower prices and urging purchases; exercise discernment.