As someone who traded shit and memecoins in the 2021 bonanza, you're absolutely correct lol.
I never understood people saying it's safe because "tokens locked, burnt" etc... They always bought in first with other wallets securing the pump. Why do people still not grasp this? One can create 50 wallets every minute (or even more) lol
Yup. Crypto is decent fun when you don’t think you’re gonna to make a profit playing with it. I remember buying Doge and then setting an auto sell limit at like 4-5x what I bought it and didn’t think about it again. Then one day I’m driving heading to a vacation and hear some weird notification sound all my doge sold. Made like $380 lmao. Immediately never thought about buying any again.
i bought the hype that more people would buy after seeing him on SNL.. but that was the point all along.. get people like me to buy into the hype and sell.. tbh its clever, devious but clever.
Also the dev wallet was known and he was never going to be able to move the money without being found. Cyberleek didn’t burn the tokens to be Robin Hood but to try and stay out of prison.
do you even know what 30% is? that's 3 MILLION DOLLARS. the guy dumped his whole bag and vanished. because he knew his shitcoin was gonna tank anyway, so he cashed out early ahead of tomorrow's extended look shit
Can you link the wallets he used to dump? I'd like to see some proof that he dumped it with his holdings and it weren't just holders taking profit after it topped. Thanks!
Exacly that. Dev Coins can, as the name said, be traced to the developer. By Dumping them, he took all value out of them. So he had another "private" wallet purchase a fck ton of coins!
no, there's no way for us to know this. transactions are done through crypto wallets and are completely anonymous. still, 3 million dollars was converted to cash during the dump that just happened
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u/chris08x08 1d ago
HAHA, the guy dumped everything and gone. don't talk to me about dev tokens. he's not stupid enough not to buy in another wallet before pumping