$LAB 3M in volume can push the price around 10% gain. Such is the low liquidity, just around 10M for a 17B FdV Mcap. And much of the funds is easily generated through such a high funding fee.
The low liquidity in high Mcap is generally Big RED flag. Had observed same set up during River pump and dump.
Seems most retails have poor memory and willingly get trapped in these funding fee extraction set ups.
This will eventually come down as we have seen with other similar play. There's no valid reason for this token to sustain such a high valuation.
$LAB see the brilliance of manipulators, they can hold this 'shit' above 15B FDV for weeks and weeks. This shows their strength and exposes the vulnerabilities and how deceptive this space can be made so easily
The funding fee extraction game is on.
It's on the retails how long to remain prey in the hands of such predators.
$ZINC is continuous emissions project. If market cap is stabilised, the price must come down. Some of the person linked to the project want the token price controlled so that they don't get into the situation as Ore with inflated price. That said price action may have deliberate control and it may be kept to swing in the ranges.
It's necessary to watch the play if you want to engage with it.
The faucet tokenomics and extremely thin liquidity has created a free fall for $USUAL for around 2 years, without any sign or attempt of rebound in between.
But monitoring tag or delisting still seems far away.
The only relief is that it hasn't upset the shorters since tge.
Once the emissions pause by 2028, we may see some relief if it isn't delisted or abandoned by then.
Btw the token price is not too low below the Mcap it raised funds from early investors. So you can easily assume how emissions was used to generate revenue at the cost of wiping retailers.
V2 has been released. Ambition of neobank is floated. Let's see how it moves away from the ashes of retailers hope and ruins of so much retail money.
NFA. DYOR. Please recheck and verify for more clarifications.
With the Crypto exchanges' continuous aggressive expansions towards TradFi and RWAfi, we can see a glimpse of where things are moving. Exchanges need liquidity, and it is tapping the potential.
The already thin liquidity into crypto has now to compete with the gigantic Tradfi.
Crypto is slowly turning only into rails for traditional finance and money.
Crypto itself is no longer a product.
This space has evolved a lot, much in the favor of few exhanges and certain protocols.
If you love gambling, you will have to deal with lesser and boring slots now.
Most of the OGs have cashed out. Hodling culture has depleted. The institutional money is the new driver —and it's sophisticated, technical and only profit oriented.
$BTC is losing its essence, as the old custodians, cypherpunk and believers, who dreamed of the 'State Free' money and finance of freedom are being replaced by money minded big players.
The glue that hold the culture and emotion of BTC feels gone.
As so, with recent wipeout by liquidations and the robbery by memes, the retails have lost the conviction. That is to say the majority is sidelined, and so is the liquidity. And adding more to it, the liquidity has rotated towards the other performing asset class.
With the fading demand side, and the new liquidity engines chasing only the gains, be it whatever, any bounce is to be sold off. The supply will keep pushing the prices downward, and it is to be continued unless liquidity flips dramatically.
It is not going to happen soon, not at least immediately.
Regular small bouncebacks are what we should be now used to. Fortune multiplier is just a random luck now.