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francisco8619
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$USUAL I am investigating this project, and among 4 wallets hold more than 87% of the tokens. Furthermore, the first wallet, which holds 46.7%, has been liquidating its tokens. Dropping from approximately 48% to 46%. I am convinced that the creators of the project are the ones who manage and control the price, not only with the supply of tokens which dilutes the capital, but also by increasing the price themselves, gradually exiting their positions and obtaining significant profits in the process, causing a collateral decline in their market capitalization.
As small investors put in money, the price rises; they only exit their tokens to gain profits and then dilute with more tokens. Whales? The whales are themselves.
There are indeed risks in the project; the currency is very volatile, but those who truly control it are the "big" holders who, with people's money, aim to make substantial profits.
Is it a scam? Personally, I exit my positions with very small returns. This is not a recommendation to invest or not. It is just my opinion.
Can the price shoot up? Anything is possible; however, I believe that until the big players release and profit and take the money they intend to, there will not be significant growth. They will keep it controlled until they capitalize a certain percentage.
Whales? In all projects, there are big players, medium, and small. But the initial holders should be monitored closely. They are the big players. The rest, like remoras, should be alert to their movements.
As small investors put in money, the price rises; they only exit their tokens to gain profits and then dilute with more tokens. Whales? The whales are themselves.
There are indeed risks in the project; the currency is very volatile, but those who truly control it are the "big" holders who, with people's money, aim to make substantial profits.
Is it a scam? Personally, I exit my positions with very small returns. This is not a recommendation to invest or not. It is just my opinion.
Can the price shoot up? Anything is possible; however, I believe that until the big players release and profit and take the money they intend to, there will not be significant growth. They will keep it controlled until they capitalize a certain percentage.
Whales? In all projects, there are big players, medium, and small. But the initial holders should be monitored closely. They are the big players. The rest, like remoras, should be alert to their movements.
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