KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>This is a 'classic' example of a chart which you should never ape into. 

Almost 70% of supply was bought at launch (bundle + top 10 holders) - which pushed price above 2M mcap. 

Then came the KOLs involved to shill this to their audience. 

Then you see the 'retail traders' begin buying on the calls by these KOLs, going from 10% supply control to 28% now. 

Price is still close to the same level as it was on day 1, but the cabal (KOLs and bundles) have already sold while retail is left holding.</p>

This is a 'classic' example of a chart which you should never ape into. 
Almost 70% of supply was bought at launch (bundle + top 10 holders) - which pushed price above 2M mcap. 
Then came the KOLs involved to shill this to their audience. 
Then you see the 'retail traders' begin buying on the calls by these KOLs, going from 10% supply control to 28% now. 
Price is still close to the same level as it was on day 1, but the cabal (KOLs and bundles) have already sold while retail is left holding.

This is a 'classic' example of a chart which you should never ape into. Almost 70% of supply was bought at launch (bundle + top 10 holders) - which pushed price above 2M mcap. Then came the KOLs involved to shill this to their audience. Then you see the 'retail traders' begin buying on the calls by these KOLs, going from 10% supply control to 28% now. Price is still close to the same level as it was on day 1, but the cabal (KOLs and bundles) have already sold while retail is left holding.

Comment