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$MOODENG’s latest move is truly impressive—the main players are clearly still in the game.
What’s the most outrageous part? A fake rumor about a hippo being shot managed to pump the price all the way up to 0.2. And what happened? The little hippo is perfectly fine, still sunbathing at the zoo. Gotta admit, this round of rumor-driven hype was pretty skillful.
Now that the chips are starting to flow again, there’s a high chance this trend will continue. The capital strength behind it is obvious, so there’s likely more action in the short term.
For those trading contracts: with such high volatility, saving on fees wherever you can really matters. If you haven’t set up any fee discounts, check your platform for any rebate programs—around 30% off in fee reductions can be pretty sweet.
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When the hippos are jumping around, our money is already gone. That's the real absurdity.
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You should definitely save on contract fees where you can, but honestly, the little money you save on fees can be wiped out by a single slippage.
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Chip flow = whales still want to dump? I believe it, since it's always the same playbook every time.
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That spike to 0.2 was probably another whale's show time. Let's just watch for entertainment.
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Is there still action in the short term? There sure is, but I'm just afraid I'll end up as cannon fodder in this drama.
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Literally any rumor can be used to pump prices now. The crypto space really needs some cleaning up.