A manipulative coin legalizing binance's fraudulent tactics...
#FDUSD Whenever any project was to be launched in #launchpool, the price of
$FDUSD will immediately rise to a higher level then counterpart
$USDC or
#USDT . In anticipation of staking rewards in
#Launchpoolrewards . Now within day after staking the price of
#FDUSD falls to a quite low level as compared to other couterparts i.e.
#usdt ,
#usdc etc.
Below a picture depicting #FDUSD/USDT, relation
Currently #aevo launchpad over 1.8B+
$FDUSD are staked which was valued at $1.0021 over
#usdt on 08/03/24.
Lets take an example: that all usdt's were exchanged to fdusd, then.. alone at the time of conversion to fdusd around 380000$ were made by causing this sudden rise.
Now currently the $fdusd is under valued as compared to
#usdt at 0.9981$, now again lets assume all 1.8B+ #fdusd were to be converted to
#usdt there'll be a loss of around 350000$ among stakers.... and whoever caused this rise and dip will be profiteer.. i.e. @Binance