Beware of market manipulation in $SHIB 🤯💥📈
After taking a deep dive into the blockchain, we discovered a disturbing trend: an anonymous whale using the so-called Wyoming curve.
Revealing the manipulation scheme
This whale is secretly manipulating the price of the Shiba Inu ($SHIB), causing a temporary decline followed by a sharp rise. There is more than a 60% chance that SHIB will lose zero over the next three days.
Understanding the whale's strategy
This whale initially started by regularly buying small amounts of $SHIB, gradually stabilizing the price. Unfortunately, many traders who were unaware of this manipulation unintentionally contributed to the whale's scheme by jumping on the bandwagon.
Consequences of manipulation
Once this whale exhausted its capital of approximately $1.8 million, the price of the Shiba Inu skyrocketed significantly. However, as the price declined, the whale began dumping large volumes of SHIB, causing a sharp decline.
Future Market Dynamics
Now that the whale has changed its technique, we expect the price to rise again as market dynamics change. However, it is very important not to be greedy and invest all your funds, even if the predicted new price may bring significant profits.
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