The first post (1), and you must watch the second post✅

💥 As we always remind you, and we repeat and repeat and repeat to you always 💥

that the currency market is a volatile market, especially meme coins (less than a dollar) which do not have a strong project.

⛔ As you can see, these currencies that were announced a few days ago that they would be removed from Binance, then fell sharply, today they have risen sharply again, some of them rose by 100%, others exceeded 200% and also 300%.

🔴 What happened today is as follows:

There are whales with large capital who take advantage of such opportunities, as they buy large quantities of this currency, taking advantage of the period between the date of announcing the removal of the currency and the date of removal. For example, these currencies were announced to be deleted on (November 26) and will be deleted on (December 10), meaning that the period is 20 days

Then the whales buy in order to transfer them to another platform even if the transfer fees are high, but they will be compensated due to the increase in the price of the currency they made. Then they sell on the other platform

⛔ But it should be noted that most of the currencies that are announced to be deleted do not rise again, but continue to fall until the date of deletion.

⭕ But it may happen in some currencies that a significant rise occurs (and these cases rarely happen)

🚨 This is what we will talk about in the second post of this post

#MarketDownturn #MemeWatch2024