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TRADOOR’s latest move is just outrageous.
At 3:30 a.m., how many people were still dreaming? The whales pumped the price straight up to 6.6U, and then what? Immediately dumped it down to 1.57U—a 71% drop just like that. When you wake up, your account’s already wiped out, no chance to even react.
Honestly, the market is already rough enough as it is. The majors haven’t stabilized, and all kinds of shitcoins are already blowing up one after another. Trading contracts on these coins with no fundamentals? How could the risk possibly be low?
The playbook for these kinds of projects is actually pretty obvious—pumping and dumping in the middle of the night when retail investors are sleeping and can’t react. By the time you open your eyes, your money’s already in someone else’s pocket. To put it bluntly, these are just tools designed for harvesting—whales get the meat, retail doesn’t even get the scraps.
If you happen to be holding those altcoins that haven’t even launched spot trading yet, you really need to be extra careful. When the market’s unstable, the risk with these coins multiplies. Don’t wait until you’re the next one to get rekt—cut your losses if you need to, or just sit on the sidelines and watch.
After all, protecting your principal is more important than anything.