Let's consider the project $RIVER — the nightmare of short sellers 🤔

RIVER — another DeFi token with no practical application, which was pumped from $1 to $86 in a short period of time.

Where does such growth come from?

Only 20% of the total issuance is on the market. Practically all tokens are in the wallets of the team, which allows for easy price manipulation.

A classic scheme that big players profit from:

Traders start shorting, keep the price stable, funding increases and gradually eats up the entire position. After forcing out the shorts, they lower the price — and it becomes a classic pump/dump + funding profit scheme.

Moreover, there are rumors that this is backed by DFW, which has one of the best “experiences” in shaving traders in longs and shorts.

RIVERUSDT

Perp

45.14

-5.75%