/biz/ - Business & Finance

>>50397635

Its not FUD if its true.
Suppose FRIN gets to $0.50, and a whale tries to sell 200,000 FRIN the current Uniswap liquidity would cause you to lose 95% of the value.
Given the number of whales in the project you would have to add like $100 million on the sell side to absorb the sells. Problem is, its not going to get there. When people see the price crater everytime it gets above $0.10 *they* aren't going to buy in. Why would they then they can't make a profit?
The whales are going to destroy the project by trying to cram themselves through the exit as the project burns.