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/biz/ - Business & Finance

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29626618 No.29626618 [Reply] [Original]

You do realize the entire binance smart chain was more than a way to pump CZ's worthless BNB shitcoin right?
He also created hundreds of "yield farms" aka ponzis so that people would pool their tokens with his bnb shitcoin. Since he had so many people pooling liquidity he could dump massive amounts of bnb into these pairs without moving the price as much as if he tried to dump it on a normal exchange.
Its genius if you think about it
>pump up shitcoin
>whale starts to sell shitcoin at 10x
>dumps almost immediately after newfags are done fomoing in with pocket change
CZ figured out a way to get retards to provide liquidity for him to dump on by printing them useless cake and egg tokens. Classic

>> No.29626759
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29626759

>>29626618
Based! You nailed it

>> No.29626956

>>29626759
thanks for the support fren. Luckily I got out of that shitcoin ponzi casino with some decent gains off of meowth/wynaut
Im almost sure whoever made that shitcoin is browsing this board right now.