The spotlight is on $DOGS , and not in a good way! With the token price at 0.0011077 (-1.29%), the risk of market manipulation is soaring. đđ
Centralized exchanges (CEXs) hold a significant chunk of the DOGS supply without any lockup period, raising fears of a classic "pump-and-dump" scenario. đđ„ These exchanges could artificially drive up the price, creating a buying frenzy, only to offload their massive holdings and crash the price. Retail investors, who might jump in late, could face severe losses as the hype fades. đ±đ«
The recent tweet by LeonidasNFT has only intensified these concerns, highlighting the dangers of such concentrated holdings and potential market manipulation. đ„đ
Investors, beware! Transparency, clear tokenomics, and distribution details are crucial. Without them, the risk of manipulation and loss remains high. Stay vigilant and make informed decisions! đđ
#DOGS #CryptoRisk #MarketManipulation #BNBChainMemecoins #CryptoMarketMoves
