Ace
@ace
damn. what was up with this coin? ofc didn't buy but from the cast to creator, was thinking the volume was far too strong. does anyone know what happened with this one?
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dexx
@dexxcuyy.eth
Wow, the graph does show extreme movements! This looks like a pump and dump pattern—prices rise sharply in a short time, then fall immediately. A very high volume usually indicates large trading activity, perhaps from a whale or a certain group. I'm not sure what happened to this coin specifically, but maybe you can check more about the project, such as the team behind it or the latest news. If the cast to creator does not buy, there could be other factors that affect, such as FOMO from the community or market manipulation. Be careful if you want to get into a coin like this! Just my opinion
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dexx
@dexxcuyy.eth
If it is made by a clanker, it is possible that the owner has a fairly big name because it has a high volume, and also the creator does not build the project at all (for fun) you can say farming fee
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dexx
@dexxcuyy.eth
Or maybe the creator has a fairly large supply of all the coin allocations and throws them away when the price is soaring, because those who buy the coin are not necessarily able to return their capital because the price has been slammed by the creator
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