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20521347 No.20521347 [Reply] [Original]

>> No.20521394

>>20521347
Nah some whale just attempted to sell the top on the back of this big uptrend. Support is still within the immediate uptrend. Might cool off to $0.20 if people get spooked enough.

>> No.20521668

Idk but I've got 500k of these as collateral on aave
I started with 100k at 5 cents and just kept leveraging up on every dip
It needs to find support and consolidate for a few days somewhere but it just keeps pumping so we have no strong support lines

>> No.20521724
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20521724

>>20521347
This is mooning with no volume, an avalanche of pink wojaks is coming.

>> No.20521785

>>20521724
>doodles nostradamus
sure buddy

>> No.20521789

14 % correction for something that has been running from 4m market cap to 400M market cap. OP your brain is disconnected. Typical mindise of a poor fag.

>> No.20521990
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20521990

>>20521347
yes, but i'll be nice and buy your bags

>> No.20522213

>>20521785
>high iq farmers money lego through aave to take leveraged loans to gamble on defi platforms farming liquidity
>lend token value goes up because there is activity
>defi farming faucets start to dry up
>tokens start getting attention from clueless crypto investors who just see the token going up and buy themselves bags
>high iq farmers sell their tokens and take profits
>high iq farmers take out liquidity further crashing the tokens
>all of defi suffers a major correction
>aave dries up
>bagholders who bought defi tokens on exchanges get rekt
>FINANCIALLY RUINED
DeFi has potential in the long term but if you don't see the demand is not there yet and this is a bubble you are delusional. You are throwing away a chance to sell the literal top at a massive profit.

>> No.20522610

>>20522213
I don't think we're there yet. Only 2 billion locked in DeFi, no normies are on board yet. Vaporware garbage has more than 2 billion mcap, XRP used to have 120. I agree with the rest of your analysis but you are way too early