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#RAVE Explosion of 40 times, grabbing the spotlight
Is it a big opportunity?
Let me explain clearly in plain language how they cut leeks, similar to #siren #sto's method:
First step: Receive enough chips, with a very high control rate, cooperating in advance with some KOLs
Second step: Gradually build up contract long positions, with spot prices rapidly soaring 10 times in a very short period, until the fee rate exceeds an annualized negative 100%
The project is already in a deep bear market, bottomed out, the project team has collected enough chips, control rate exceeds 90%, liquidity is very thin, only a small amount of money is needed to multiply 10 or 20 times in a very short time, and the existence of contracts further reduces the project team's capital manipulation requirements, and the price manipulation must be completed in a very short time to prevent leeks from getting low-priced chips
Third step: Start having KOLs call signals to create hype, media rumors, and crazy trading volume
Like RAVE with a market cap of 2.8 billion, creating a trading volume of 6 billion
Faking FOMO illusions
Fourth step: Start gradually harvesting
Harvest long positions, continue to push up, until leeks can't resist following, first killing all short positions. Then, while pushing up, distribute tokens, and wear down short positions through extremely high fees, currently with an annualized rate of -150%, which could go higher, equivalent to the project team’s long positions earning 150% annual interest.
Fourth step: Collapse and complete harvest
Project team closes longs, opens shorts
At this point, contract liquidity increases, allowing larger positions to be established
Strong project teams perform oscillation and distribution
Average teams directly smash their chips through buy orders
Collapse.
The market shifts from showing off big profits from longs to showing off losses… leaving retail investors with nothing but dust
Then, the dog whales switch to another project
I do not recommend touching these projects' short positions, as the market is entirely manipulated by humans, with selling more clever than buying. Unless you can get in early during their early rise, but this time window is very tight, and you might not be able to buy many chips, as all chips are in the hands of the project team.
All these are liquidity traps. In a market manipulated by humans, the best strategy is no trading.