What are you buying? Or you are scared? | CRYPTO MECHANIC en Binance Square

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What are you buying? Or you are scared?

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Why is Solana Dumping? Before i share my views on it, Ask yourself why did it go up ? - Traders bought it to chase memecoin - So many new people bought it to chase Trump token - People bought it to chase Melania -People bought it to chase other celeb or politician memecoin coins. - Then comes the Libra This is what made $SOL go up Now what's dumping sol? 👉🏻 The same people Taking out their money from these memecoins because they now realising that it's just another scam. Token devs who made money scamming people, Cashing out their sol. 💥 $2B Solana unlock incoming, 11.2 million SOL tokens will unlock on March 1. The majority of this SOL was purchased from FTX auctions at $64 by Galaxy, still a very healthy profit. By the time this SOL unlocks, another ~$1B of SOL will be produced via inflation and likely dumped as well.

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$ETH Did the same last time. Price moved up just to trap the whole market. We saw the same yesterday. it moved up and gave it all back. Both moves came in the similar market condition, Everything was weak and out of nowhere Ethereum started to show strength. Not saying the market will dump the same way it dumped last time. Just sharing my observations. it happened before as well. This is why i made a post on 31st jan also. You can see it under this post.

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$SOL New Low ✅

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Turned out to be a fakeout. Same old BS by Ethereum.

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Millions of people mined Pi coins on their mobiles. Even i know many of my neighbors / friends who were mining it. It's very likely that it will be listed on Binance. (My personal views) Do you own any Pi coins ? I own Zero

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