Quote:
Originally Posted by UPN Zuch
Yeah well, like I said earlier in the thread, it’s a meme coin. It has no utility. It was literally created for the sole purpose to be pump and dumped by its creators so they can unload their bag.
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The spot I have circled is nothing more than a correction. Any crypto that goes up that fast that quick will face a dip like that. When it “pumps” like that people are going to take profits. After that though, the stock continues a pretty sharp decline as everyone that got in on this meme early are getting their bags out. This is a “dump”. That’s because these people know that this coin has zero utility and is eventually going to zero.
Still wish I bought this because I did catch it at the top and could have pulled out monster gains. Nice find @deadman . I will probably follow you if you ever have another one.