Recently, many friends have been asking about the trend of $TAKE, this SOL ecosystem token, and whether it will hit a new high. To be honest, seeing this 68% drop directly from the high point back to the opening price, I can only say this is a typical pump-and-dump game — no more acting.
There are indeed voices in the market that are bullish, but the problem is that these kinds of tokens often lack fundamental support. Once these capital-intensive assets start to dump, the decline can be frighteningly fast. It’s not that altcoins will go to zero immediately, but you simply cannot predict when they will fall or how deep the fall will be. That’s the real risk of altcoins.
In such a market environment, going long on these tokens without solid fundamentals is no different from gambling. Instead of chasing highs for a rebound, it’s better to wait until market sentiment stabilizes to look for opportunities.
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MeltdownSurvivalist
· 6h ago
68% directly crashes back to the opening price, this wave is really incredible, the big players are not even pretending anymore
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This is how altcoins are, you can never guess when they will collapse. Instead of chasing highs, it's better to hide first
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I would still consider coins with solid fundamentals; this kind of pure capital game is really gambling
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What’s the use of more bullish voices? Wait until the market cools down to talk
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$TAKE this wave really got me hanging, can't defend against it
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Coins lacking fundamentals fall very quickly, the risk is outrageously high
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Asking for a new high? Bro, wake up, it’s already back to the opening price
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The big players are no longer pretending, they are straightforwardly dumping
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This is why I only look at coins with a story now; pure capital plays are too dirty
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The depth of the fall is unpredictable; this is the most terrifying part of altcoins
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CryptoHistoryClass
· 6h ago
ah yes, the classic 68% dump-back-to-launch pattern... *checks historical charts* we literally saw this exact playbook with $LUNA, $FTX, $STEP... the script never changes, does it? just the ticker symbols
Reply0
0xSoulless
· 6h ago
68% directly hit back, the market maker is no longer even pretending, it's amazing
View OriginalReply0
Ser_This_Is_A_Casino
· 6h ago
68% directly dumped back, that's why I don't touch the SOL ecosystem stuff
The big players are no longer pretending, they are just selling off
Wait, are there really people still chasing this?
Recently, many friends have been asking about the trend of $TAKE, this SOL ecosystem token, and whether it will hit a new high. To be honest, seeing this 68% drop directly from the high point back to the opening price, I can only say this is a typical pump-and-dump game — no more acting.
There are indeed voices in the market that are bullish, but the problem is that these kinds of tokens often lack fundamental support. Once these capital-intensive assets start to dump, the decline can be frighteningly fast. It’s not that altcoins will go to zero immediately, but you simply cannot predict when they will fall or how deep the fall will be. That’s the real risk of altcoins.
In such a market environment, going long on these tokens without solid fundamentals is no different from gambling. Instead of chasing highs for a rebound, it’s better to wait until market sentiment stabilizes to look for opportunities.