Same action, two ways of saying it


Ondo team-linked addresses transferred $9.79 million worth of ONDO to Coinbase.
Community: It should be a market maker moving liquidity—normal market-making arrangements.
Same group: Last week, a certain Meme coin project team transferred 2 million tokens to an exchange.
Same community: RUG! Run! The team is distributing/disposing their holdings!
VC coin project team transferring funds = market-making arrangements, increasing liquidity, and compliance requirements.
Meme coin project team transferring funds = dumping the price and running away, absconding with the funds, and hurry up and sell.
Same action—the only variable is whether you received the VC’s legal fees. Without VC endorsement it’s called a scam; with VC endorsement it’s called token-economic model optimization.
Retail investors think they’re investing in technology—when actually they’re helping the VC explain the books.
ONDO-2.41%
MEME-1.21%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
OnlyHoldSpotAssetsAndFocusOn
· 07-18 10:05
It just means selling coins.
View OriginalReply0
  • Pinned