The new hot Meme tokens on the BSC chain often hide a lot of tricks. A common phenomenon with these projects is that some large holders quietly invest a few tens of thousands of dollars to lock liquidity, causing a large portion of chips at the bottom to be locked by these players. Once they control the market, the K-line often starts to show a "Christmas tree" ghostly pattern—sounds exciting, but in reality, it's a signal for dumping.
What needs to be said here is that identifying such risky projects is not difficult. Focus on a few key features: First, although the project's market cap is only a few hundred K, the liquidity has been artificially drained significantly; second, the distribution of chips at the bottom is extremely uneven, with a few addresses holding the majority; third, the depth of trading is so shallow that a single order can push the price up or down.
To survive on BSC, the most important thing is to learn how to read people. The addresses that frequently control chips and the manipulation tactics are actually traceable. It is recommended that before participating in any new project, you first check the distribution of holdings, especially whether the bottom is locked by one or several addresses. If the concentration of chips is too high and liquidity is obviously insufficient, then it's best to stay far away.
Avoiding pitfalls together is the key to surviving longer in this ecosystem.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
MerkleTreeHugger
· 10h ago
It's the same old trick again; I'm tired of Christmas tree candlesticks.
View OriginalReply0
defi_detective
· 10h ago
It's the same old trick again. I've seen too many Christmas tree charts, and I'm already numb to it.
View OriginalReply0
memecoin_therapy
· 10h ago
As soon as the Christmas tree trend appears, I run immediately. I'm already tired of this routine.
View OriginalReply0
ThatsNotARugPull
· 10h ago
I've seen the Christmas tree trend before, and I've been whipped for dozens of dollars each time. There's nothing wrong with saying it's all about reading people.
View OriginalReply0
ser_ngmi
· 11h ago
The Christmas tree pattern is really classic; you can tell at a glance who's selling off.
View OriginalReply0
ShamedApeSeller
· 11h ago
It's the same old story, I've seen it hundreds of times. The key is that most people still get scammed, haha.
The new hot Meme tokens on the BSC chain often hide a lot of tricks. A common phenomenon with these projects is that some large holders quietly invest a few tens of thousands of dollars to lock liquidity, causing a large portion of chips at the bottom to be locked by these players. Once they control the market, the K-line often starts to show a "Christmas tree" ghostly pattern—sounds exciting, but in reality, it's a signal for dumping.
What needs to be said here is that identifying such risky projects is not difficult. Focus on a few key features: First, although the project's market cap is only a few hundred K, the liquidity has been artificially drained significantly; second, the distribution of chips at the bottom is extremely uneven, with a few addresses holding the majority; third, the depth of trading is so shallow that a single order can push the price up or down.
To survive on BSC, the most important thing is to learn how to read people. The addresses that frequently control chips and the manipulation tactics are actually traceable. It is recommended that before participating in any new project, you first check the distribution of holdings, especially whether the bottom is locked by one or several addresses. If the concentration of chips is too high and liquidity is obviously insufficient, then it's best to stay far away.
Avoiding pitfalls together is the key to surviving longer in this ecosystem.