Projects like LISA are commonplace. Currently, it still maintains a market capitalization of several tens of millions of dollars, but the tactics are very clear— as long as someone dares to buy in at a low price, the project team will dare to dump their chips. That's why many retail investors keep buying the dip and end up losing more and more; behind it is this kind of "harvesting the leek" scheme at work.
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MonkeySeeMonkeyDo
· 21h ago
Buying in at a low price means getting cut, this broken trick has been played out.
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DaoGovernanceOfficer
· 21h ago
tbh the governance structure here is completely opaque... how are token holders supposed to vote on treasury allocation when devs can just dump whenever? *sigh* this is exactly why we need better voting mechanisms—quadratic funding would've prevented this entire mess. the data suggests projects without transparent on-chain governance end up like this 🤓
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HalfPositionRunner
· 21h ago
Buying in at low prices is just giving money to the project team; this trick has been played out.
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FreeRider
· 21h ago
Buying in at low prices just to be dumped on, how many times has this trick been played and people still keep jumping in.
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HashBard
· 21h ago
ngl the LISA playbook is literally just "wait for bagholder season then dump" — it's theater, just expensive theater
Projects like LISA are commonplace. Currently, it still maintains a market capitalization of several tens of millions of dollars, but the tactics are very clear— as long as someone dares to buy in at a low price, the project team will dare to dump their chips. That's why many retail investors keep buying the dip and end up losing more and more; behind it is this kind of "harvesting the leek" scheme at work.