I've been keeping an eye on the cycles of crypto projects,
it's becoming clearer that there's some high-level manipulation going on by project founders and big investors (VCs).
It's not that I don't trust openledger...
Have you ever noticed that every time there's a vesting unlock scheduled for $OPEN ,
it's almost always accompanied by a crazy promotional push?
From strategic partnership announcements,
trading competitions, to prize quizzes.
On the surface, it seems like their ecosystem is booming.
But when I dig into the metrics behind the scenes,
it's purely a camouflage
to hide a mass liquidation scenario.
Just use some common sense.
These early investors got in at the lowest funding phase
at nearly free coin prices.
Once their lock-up period ends,
they clearly need massive buyers
to cash out their profits
in millions of dollars,
without crashing the price to the floor.
That massive marketing campaign is the main bait.
They're deliberately creating mass hysteria (FOMO) that I feel is to get small investors queuing up to buy on exchanges.
I know openledger is AI infrastructure. I just feel they're not selling that. They're selling the liquidity of the tokens. So that people who buy open tokens can profit from retail investors who get trapped buying at the top.
#openledger $OPEN @OpenLedger
it's becoming clearer that there's some high-level manipulation going on by project founders and big investors (VCs).
It's not that I don't trust openledger...
Have you ever noticed that every time there's a vesting unlock scheduled for $OPEN ,
it's almost always accompanied by a crazy promotional push?
From strategic partnership announcements,
trading competitions, to prize quizzes.
On the surface, it seems like their ecosystem is booming.
But when I dig into the metrics behind the scenes,
it's purely a camouflage
to hide a mass liquidation scenario.
Just use some common sense.
These early investors got in at the lowest funding phase
at nearly free coin prices.
Once their lock-up period ends,
they clearly need massive buyers
to cash out their profits
in millions of dollars,
without crashing the price to the floor.
That massive marketing campaign is the main bait.
They're deliberately creating mass hysteria (FOMO) that I feel is to get small investors queuing up to buy on exchanges.
I know openledger is AI infrastructure. I just feel they're not selling that. They're selling the liquidity of the tokens. So that people who buy open tokens can profit from retail investors who get trapped buying at the top.
#openledger $OPEN @OpenLedger