A list of tokens flagged for price manipulation has appeared.
Trader Eveningtraders has just raised a red flag on a group of tokens that may carry risks of price manipulation due to overly centralized supply.
Eveningtraders suggests that this kind of volatility often comes with bear traps — where it looks like prices are about to drop sharply, but then quickly rebound to liquidate shorts, or vice versa, leaving buyers trapped.
Some previously mentioned examples include RIVER, COAI, MYX, PIPPIN, and RAVE.
The tokens flagged this time include SKYAI, GENIUS, DEXE, H, M, UAI, ZKP, along with some fan tokens like LAZIO, CHZ, SANTOS, PORTO, and ALPINE.
Anyone trading this group of tokens should consider reducing leverage, check liquidity, and avoid chasing unusual candlesticks. With coins suspected of having centralized supply, a single misstep can get you swept out very quickly.
Trader Eveningtraders has just raised a red flag on a group of tokens that may carry risks of price manipulation due to overly centralized supply.
Eveningtraders suggests that this kind of volatility often comes with bear traps — where it looks like prices are about to drop sharply, but then quickly rebound to liquidate shorts, or vice versa, leaving buyers trapped.
Some previously mentioned examples include RIVER, COAI, MYX, PIPPIN, and RAVE.
The tokens flagged this time include SKYAI, GENIUS, DEXE, H, M, UAI, ZKP, along with some fan tokens like LAZIO, CHZ, SANTOS, PORTO, and ALPINE.
Anyone trading this group of tokens should consider reducing leverage, check liquidity, and avoid chasing unusual candlesticks. With coins suspected of having centralized supply, a single misstep can get you swept out very quickly.