2025-12-29 14:28:28

Friends who are optimistic about a certain coin should pay close attention. This coin seems to be rising now, but there are many pitfalls behind it. Let's break down the issues with data.

The most obvious problem is severe lack of liquidity. The entire market is supported by only $690,000 in liquidity, yet the circulating market cap has inflated to $91.88 million (which translates to about 4.72 million RMB in liquidity supporting a 629 million RMB market cap). To put it bluntly, it's like building a tower with sand—easily blown down with a gentle breeze.

Looking at the order book depth, it can't withstand real buying and selling pressure at all. The current tactic is to pump the price to attract retail investors, then start dumping once more people are in, turning retail investors into the final bagholders. In this scenario, even if the price has risen a bit now, it will only decline when the dump begins. Not learning to sell during the rise means ending up getting "cut" in the end.

Another critical issue is the daily unlock sell pressure—this is very deadly. 1.08 million coins are unlocked every day, day after day. Under such market conditions, the whales need to push the price higher to attract new buyers. Once retail investors buy in, they mostly just see the price drop the more they wait, because continuous unlocking and dumping prevent the price from rising.

The most fatal problem is the unlimited issuance rights. Even after the circulating supply is exhausted, the whales still hold the authority to mint more tokens—if they want to, they can. Historically, many coins with this setup have either been hacked to zero or manipulated by the whales claiming they were attacked, then endlessly minting new tokens to dump on the market. In the end, retail investors pay the bill, whales abandon the project, and exchanges delist the coin. This kind of ending has happened too many times.

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ETHReserveBank

· 17h ago

Another sandcastle project, I've seen too many. 690,000 in liquidity supports an 91.88 million market cap, this number just looks uncomfortable. --- The trick of unlimited issuance rights is really brilliant; the whales always have a way to cut the last wave. --- Manipulating the market by pumping and dumping is everywhere; retail investors should be more cautious. --- Unlocking 1.08 million every day and dumping daily—who can stand this? --- No matter how fast it rises, it's useless; without liquidity, it's just a paper tiger. --- It's just history repeating itself; who will take the final hit this time? --- Honestly, I just pass when I see such poor liquidity. --- Unlimited issuance rights are equivalent to a time bomb; avoid them. --- The depth of the order book is so shallow that a single large holder can cause a limit-down. --- Those who have been cut know; this kind of coin looks fake at a glance.

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StakeOrRegret

· 17h ago

690,000 liquidity supports a market cap of over 90 million? Isn't this just the dealer's ATM, retail investors just waiting to be cut? --- Holding the power of unlimited issuance, I've seen this trick too many times, and in the end, it's all just a pile of rubbish. --- Unlocking 1.08 million daily to dump coins—how can we endure this? Even if it rises, it's a false rise. --- The analogy of building a sandcastle is perfect; it collapses with a gentle blow. Don't believe the nonsense about pulling prices up. --- It's the same old trick again: raising the price to lure retail investors in, then dumping the coins. The last sucker is always the biggest loser. --- With such poor liquidity, why still throw money in? You're either a gambler or just brainless. --- Watching the price go up is actually digging a pit; once you're in, you'll realize what it means to be bottomless.

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StableBoi

· 17h ago

Again with this routine, 690,000 liquidity supports a market cap of 90 million, a typical pump-and-dump scheme. --- Unlocking 1.08 million coins every day and still rising, wake up everyone, the whales are just putting on a show for you. --- Holding the power of unlimited issuance, isn't this just a ticking time bomb? It will blow up sooner or later. --- Market manipulation by pushing up and smashing down, retail investors are always the last to know. I’m not playing this game. --- The analogy of building a sandcastle is perfect—something that can collapse with just one big sell-off, is it worth touching? --- Every time they claim to be hacked and then issue unlimited tokens, it’s getting old, and some still believe it. --- With such poor liquidity, you still dare to hold full positions? I really admire your courage. --- History has repeated itself too many times; why are people still jumping into the trap?

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CodeSmellHunter