A project has experienced a massive cross-chain issuance, with a large amount of new tokens flooding into the market. On-chain data shows that many issuance addresses have started releasing chips, clearly to boost liquidity. The routine behind this operation is nothing more than creating supply pressure to push up the price and attract followers to buy in. Recently, several major issuance wallets monitored have been gradually selling off, and this signal is worth noting.
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TestnetFreeloader
· 16h ago
It's the same old story, tired of the dilution tactics.
The sell-off signals are so obvious, and still, someone dares to take the bait?
Honestly, it's just digging a pit for retail investors.
I won't touch this coin; just looking at it makes me uncomfortable.
Following the trend followers will have to cut their losses.
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zkNoob
· 16h ago
It's the same old trick, I've seen it too many times.
Dilution and dumping are so obvious, and people are still chasing? I'm really tired.
The wallet is selling off, and you're still buying. That's the fate of the rookies.
Big brothers are definitely making a killing this time, and us players are once again being harvested.
On-chain data is all laid out here, yet some people still don't believe in evil.
I already sold this coin a long time ago; it just looks annoying.
Oh my god, more dilution again. This project is not far from death.
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SnapshotBot
· 16h ago
Coming back with the same trick? Issuing more tokens to dump the price, old routine.
Followers really need to wake up, this is just feeding the market.
The big players are selling off, and you're still buying? Wake up, brother.
I've already delisted this kind of project, garbage operation.
Just looking at the data makes me want to laugh, clearly trying to harvest the retail investors.
Wait, isn't this the project from a few days ago? Same old套路.
How come there are still people holding this bag... really.
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DaoResearcher
· 16h ago
From the perspective of Token economics, the incentive of this wave of issuance has already exposed its incompatible nature.
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According to on-chain data, typical supply-side pressure operations, how was it written in the white paper...
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It is worth noting that the fragility of this governance mechanism has been confirmed once again.
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May I ask everyone, when this issuance proposal was initially voted on, did anyone calculate the game equilibrium?
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The rhythm of followers taking over is nothing more than that. I've long said that the limitations of Token Weighted Voting.
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On-chain selling signals do not deceive, the data is right here.
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This is the real DAO governance crisis, brothers.
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RunWithRugs
· 16h ago
It's the same old trick again; those following the trend to buy in will end up vomiting blood.
A project has experienced a massive cross-chain issuance, with a large amount of new tokens flooding into the market. On-chain data shows that many issuance addresses have started releasing chips, clearly to boost liquidity. The routine behind this operation is nothing more than creating supply pressure to push up the price and attract followers to buy in. Recently, several major issuance wallets monitored have been gradually selling off, and this signal is worth noting.