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#RAVE Explosion of 40 times, rushing to catch the trend
Is it a big opportunity?
Let me explain clearly in plain language, how they cut leeks, similar to #siren #sto's method:
First step: Receive enough chips, very high control rate, cooperate in advance with some KOLs
Second step: Gradually build contract long positions, spot market rapidly pulls up 10 times in a very short time, until the fee rate exceeds an annualized negative 1000%
The project is already in a deep bear market, bottomed out, the project team has collected enough chips, control rate exceeds 90%, liquidity is very thin, only a small amount of money is needed to pull 10x and 20x in a very short time, and the existence of contracts further reduces the project team's capital manipulation requirements, plus the price rally must be completed in a very short time to prevent leeks from getting low-cost chips
Third step: Start letting KOLs call orders to create hype, media spreading rumors, crazy volume boosting
Like RAVE with a market cap of 2.8 billion, creating a 6 billion trading volume
Fostering a FOMO illusion
Fourth step: Start gradually harvesting
Long positions are harvested, they will continue to push up, pushing until the leeks can't resist following, first killing all short positions. Then, while pushing the price up, distributing tokens, and wearing down shorts through extremely high fees, currently annualized at -1500%, which could go even higher, equivalent to the project team’s long positions earning an annualized interest of 1500%.
Fourth step: Collapse and complete harvest
Project team closes longs, opens shorts
At this point, contract liquidity increases, allowing larger positions to be built
Strong project teams perform oscillation distribution
Average strength teams directly smash their chips through buy orders
Collapse.
The market shifts from showing off big profits in longs to showing off losses… leaving retail investors with nothing but dust
Then, the dog whales switch to another project
I do not recommend touching these projects' shorts, as the market is entirely manipulated by humans, selling smarter than buying, unless you can get in early during their rise, but this window is very tight, and you might not be able to buy many chips, as all chips are in the hands of the project team
These are all liquidity traps, in a market manipulated by humans, the best strategy is not to trade