$GUA = $ESPORTS 2.0
The wallet below kept selling for hours and ended up dumping a total of 15M $GUA, sending all proceeds to a single address.
0xB292a7016c0008e786EdCA46459Ccee063673AFb
Honestly, situations like this are getting exhausting. Even though I still made profits, watching how heavily these tokens get manipulated is frustrating.
Back then, people used to research a project’s actual utility. Now it feels like the entire game is just figuring out where the next scam like rotation will happen.
They launch with barely 10% of the total supply circulating, manufacture a fake “bull phase,” then slowly unload the remaining supply at much higher prices making the original entry levels almost impossible to revisit.
With such low circulating supply, it becomes easy to force artificial pumps and violent dumps, especially in futures markets. Exchanges don’t exactly discourage it either, since this environment farms both longs and shorts repeatedly.
Anyway, no point stressing over it too much. The system isn’t changing just because I point it out.