/biz/ - Business & Finance

I'll buy when it's sub 50k.

It's obvious that the wallets are stacked and spread. This is something many scam devs are doing lately.

The launch with high volume and suddenly 300 wallets appears to buy... You already know they are bots loaded up.

A slow rug until they sell most of their stacks are gone and then the message pops up

"we regret to inform you the project just hasn't taken off, people are selling and we have decided to shut down the project, please keep updated on something else we may have planned for future projects"

The reason they do this is because even though the coin may pump 100m maybe even 500m, it's more controlled and quicker to rug this way and extract hundreds of thousands, possibly millions instead of allowing buyers to pump the coin to high market caps and trade.

This is the most common scam happening right now because the contract can be 100% clean, buys and sells appear high in volume, however when you start to measure the amount of buy ins verses the amount of sells, that's when it really becomes apparent and the value will drop to single digit mcap while there are literally hundreds of new buyers still holding.

>>56096866

> untouchable

you sir are an idiot

avax had a presale, private, pre-minted tokens, promise of investment returns.

It's over for them, they ava labs will be fined by governments all over the world and banned from major exchanges, the project will fold up like many others soon will.

This has nothing to do with tech, this has everything to do with the arrangements of the so called "asset" and how the funds are handled.

The avax blockchain is not mineable, the entire project was just created to drain money from the 3 trillion dollar futures ETF that was approved in 2020 before it was pumped into the crypto markets.

The governments around the world especially the US are going to ensure that before another multi-trillion dollar pump that all these scam chains are banned from exchanges and only blockchains and development groups that play by the rules will be available for usd exchange.

pic related, target female households. never ending cash grab, you will probably get some pussy too because many are broke and desperate.