hey @betashop.eth / @zeni.eth: what's the strategy here?
(assuming there is one, of course. could just be FAFO)

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hey @betashop.eth / @zeni.eth: what's the strategy here?
(assuming there is one, of course. could just be FAFO)

https://moxiescout.vercel.app/tokens/cid:satoshifriends

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Lol just looked at the transaction history. Wtf. In most cases they are buying and selling at a loss

right. it's so regular it's gotta be intentional (or stupid. never discount stupid).

bonding curves make great, artificial honey pots. easy to do with a few accounts and a bit of capital. just have your friends buy early and hard to run up the price, promote the up-only coin, then dump as usual. No different from pool tokens except the price action is less chaotic.

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Eh. Some farmers are VERY clever and find small threads to pull on. Whether they unravel the system is another matter. Open your mind to the possibility that they found an exploit that works.

Stupid Is defo the right word lol 

How steep could those sharp sells could have been lol