$ORDI Nothing is risk-free; without authoritative project teams, not even institutions, let alone powerful players, it's mostly about pyramid-like group consensus harvesting a few waves. Even institutions with some strength wouldn't behave like this, and the market makers wouldn't dare to play such games. The developers of this coin must hold no less than 12 million coins. Those who bought high without strength are not worried about being trapped and losing money. Spot investors who buy high are large-volume buyers, while developers directly smash the market with contracts to harvest many trapped investors who are reluctant to sell. Currently, any market manipulation attempt carries about an 98% risk. Only when the group of developers seizes the opportunity to gamble and push the price up, hoping that big players who haven't been trapped will cash out, can it be successful. Otherwise, it’s similar to BADGER, which went from over $90 to around $0.5 with fluctuations.

ORDI-2.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin