The explosion of YGG is definitely not an isolated case. Everything can be traced back to the capital behind YGG, DWF Labs. This institution is an institution that specializes in providing market maker services, OTC and investment.
DWF is also known as the northern Burmese in the institutional investment community, and its operating methods are extremely cruel.
YGG was unlocked last month, and DWF was eager to sell the spot. It chose to withdraw the currency to Binance to create negative sentiment, and then lured short sellers into the market to pump up the shipment. Wherever DWF goes, there is usually no grass growing! But if you ambush in advance, you can follow their mood of shipping and eat a lot of meat.
Projects in which DWF market makers participate:
ton10 million US dollars to support mxc, investing tens of millions of US dollars
cfx strategic investment mask invested US$5 million
ygg participated in the lead investment orbs invested 10 million US dollars
snx provides market maker services and radix invests US$8 million
so-col invested US$4.5 million and APM invested US$5 million
Ach invests 10 million US dollars, topgoal invests millions of US dollars
raca $16 million investment label $1 million
rss3 10 million US dollars EOS 60 million US dollars investment
snx invested US$20 million fet invested US$40 million
I invested in flr c98. I don’t know how much USD I invested.
Invested $10 million in xrd and DWF holds 700 million jasmy
Holding 50 million algo dwf market-making coins include arpa, ssv, cfx, ach
Next, we need to ambush the projects that DWF has not yet launched:
First of all, DWF has launched projects: YGG, CFX, FET, ACH, ARPA, SNX, MASK, MDT, RSS3, ID, WAVES.
Next are the DWF unlisted projects: EOS, C98, BICO, CELO, FLOW, JASMY, KAVA, NULS, RACA, TROY, QUICK.
Please note now that the C98 Vietnam project is being taken over by barbarians!