Movement (token code MOVE) is a typical market maker-led case of exploiting retail investors in the cryptocurrency space in 2024. The project emphasizes the concept of "decentralized social networking + on-chain data rights confirmation," leveraging the initial popularity of Web3 social tracks to intensively promote through community KOLs, quickly attracting retail investors' attention.
After launching, the market makers collaborated with the project team to pump the price, raising MOVE from the issuance price of $0.02 to $0.38 in just 3 days, an increase of 1800%. During this period, they continuously released false good news such as "collaborating with top social platforms" and "soon to be listed on top-tier exchanges," enticing retail investors to buy at a high price. When the proportion of retail investors' holdings exceeded 60% and the circulating chips were sufficiently dispersed, the market makers initiated a crash operation, concentrating on selling 66 million tokens within 48 hours, with large sell orders directly breaking through key support levels, triggering panic selling among retail investors, and the token price plummeted to $0.03, nearly halving.
According to on-chain data statistics, the market makers profited $38 million through low buying and high selling, while retail investors suffered an average loss of over 85%. Worse still, after the crash, the project team quickly removed the official website, white paper, and technical documents, shut down the official community, and completely abandoned project maintenance, solidifying the essence of "exploiting retail investors." The core trick of this case is "concept packaging + false good news + concentrated selling," becoming a typical example of the cryptocurrency space harvesting retail investors by leveraging track hype.
BNB was first issued by the Binance exchange in 2017, mainly to provide discounts on transaction fees when trading on the platform. Paying transaction fees with BNB can save a lot of money; initially, the discount was as high as 50%. Although it has been adjusted now, holding BNB is still super cost-effective. Gradually, BNB has become not only the exchange's "membership card" but also the core fuel of the entire BNB Chain ecosystem.
Currently, BNB Chain is extremely popular, including BNB Smart Chain (formerly known as BSC), which is fast and has low fees. Countless DeFi projects, GameFi, NFTs, and more are running on it. Using BNB to pay gas fees also allows for staking to earn returns or participating in governance voting. The ecosystem is growing larger, and the TVL (Total Value Locked) is stable, making daily trading, lending, and gaming reliant on it.
Additionally, Binance buys back BNB each quarter with profits and then burns them, gradually reducing the supply. This deflationary mechanism makes BNB look quite resilient in the long run. The current price is hovering around $850, with a market cap firmly in the top five and a circulating supply of about 137 million coins.
In short, BNB is not just a trading tool; it is the lifeblood of the Binance ecosystem, and basically, every brother using Binance has a little. If held for the long term, with ecosystem expansion and the token burn mechanism, the potential is quite large, so everyone can pay attention to it!
Trump Coin: A meme cryptocurrency with a political theme. Trump Coin ($TRUMP) is a meme coin based on the Solana blockchain. Launched on January 17, 2025, just days before the second inauguration of U.S. President Donald Trump. The total supply of this coin is 1 billion, of which 200 million are sold to the public through an Initial Coin Offering (ICO), with the remaining 800 million controlled by two companies under Trump, planned to be gradually released over the next three years. The logo of Trump Coin features a cartoon image of Trump raising his fist after a failed assassination attempt in July 2024, symbolizing the spirit of "Fight, Fight, Fight." It is essentially a meme coin, unlike Bitcoin which has actual mining or technological support, primarily driven by community enthusiasm, political supporters, and internet hype to boost prices. Trump himself has personally promoted it on social media, calling it a way to celebrate victory, attracting a large number of fans. After its launch, the price of Trump Coin skyrocketed hundreds of times, with its market value surpassing hundreds of billions of dollars in just a few days, significantly increasing the Trump family's net worth. However, the market then experienced extreme volatility. By the end of 2025, the price had fallen significantly from its peak, currently sitting at around 1 billion USD, with many investors suffering heavy losses after buying at the peak, leading to controversy: some criticize it as a vaporware coin, easily manipulated, with conflicts of interest because the presidential family directly benefits. In simple terms, Trump Coin is more like Dogecoin, serving more as an entertainment and speculative tool than a stable investment. It reflects the fascinating intersection of cryptocurrency and politics, but also reminds everyone: meme coins carry high risks, with significant price fluctuations, so be cautious before buying, and don't stake your entire fortune on it.
$BNB Listening to CZ share experiences: CZ @cz_binance "1. High emotional intelligence, 2. Strong technical skills, 3. Waiting for the right opportunity!"
Young people do not need to listen to anyone's advice; youth brings infinite possibilities.
Movement (token code MOVE) is a typical market maker-led case of exploiting retail investors in the cryptocurrency space in 2024. The project emphasizes the concept of "decentralized social networking + on-chain data rights confirmation," leveraging the initial popularity of Web3 social tracks to intensively promote through community KOLs, quickly attracting retail investors' attention.
After launching, the market makers collaborated with the project team to pump the price, raising MOVE from the issuance price of $0.02 to $0.38 in just 3 days, an increase of 1800%. During this period, they continuously released false good news such as "collaborating with top social platforms" and "soon to be listed on top-tier exchanges," enticing retail investors to buy at a high price. When the proportion of retail investors' holdings exceeded 60% and the circulating chips were sufficiently dispersed, the market makers initiated a crash operation, concentrating on selling 66 million tokens within 48 hours, with large sell orders directly breaking through key support levels, triggering panic selling among retail investors, and the token price plummeted to $0.03, nearly halving.
According to on-chain data statistics, the market makers profited $38 million through low buying and high selling, while retail investors suffered an average loss of over 85%. Worse still, after the crash, the project team quickly removed the official website, white paper, and technical documents, shut down the official community, and completely abandoned project maintenance, solidifying the essence of "exploiting retail investors." The core trick of this case is "concept packaging + false good news + concentrated selling," becoming a typical example of the cryptocurrency space harvesting retail investors by leveraging track hype.
$BNB {future}(BNBUSDT) 🚨 The market is experiencing a stark contrast! On December 20th, the fear and greed index is only 20 (extreme fear), BTC has fallen below the 365-day moving average, but Citibank has set a target price of $143,000, Arthur Hayes is bullish at $200,000, and whales are accumulating ETH and SOL staking positions 🐳