Topic: A perfect example of a pre-planned dump is TLM (Alien Worlds). (Read 160 times)
Ohh good old days of mining this token before the listing news on Binance. The team really have a good job to trap newbie investors by giving away tons of free token through mining on there app and hype the token using the miners that enjoying free token. The volume of that big red candle is almost the volume of coin when it start to pump up to the peak. So those newbie traders that trap is already lose nearly 90 to 95% of there initial investment which is sucks.
Price aside, I love the game. It is quite interesting and how they manage gamers, governance and many other things are magnificent. The marketplace is enormous too. I am currently waiting for the next big update which encourages players to battle with others. Damn, what a game
Good for you if you love the game. I find it boring and time-consuming. It is like a staking platform in the guise of a game interface, and mining is just a faucet with a timer and captcha. Aside from that it demands very high power on the PC system, so I wonder what is within the web interface that requires so much power input.
So to me, this coin can increase even more if they plan their game well and burn the excessive amount of token to create high liquidity
There are lots of game that has a theme like this so this offers nothing new. I believe, it will take time (if natural growth should be followed) for this coin to increase in price and be stable with it.
Price aside, I love the game. It is quite interesting and how they manage gamers, governance and many other things are magnificent. The marketplace is enormous too. I am currently waiting for the next big update which encourages players to battle with others. Damn, what a game
So to me, this coin can increase even more if they plan their game well and burn the excessive amount of token to create high liquidity
So to me, this coin can increase even more if they plan their game well and burn the excessive amount of token to create high liquidity
Aliens world before give more TLM to players than today . When aliensworld is not yet too popular players just keep on mining and getting free TLM and valuable NFTs the they hodl it instead of dumping in low price, only those who believe in the game potential keep grinding then soon Aliensworld get popular and many people hoping they can earn free money joins, mine and sell TLM players who have hodl their assets also take advantage of the craze and dump their asset as price is already good which I think might also be one factor why its price dump. I just felt sad for those who got trap - those people who think TLM bullrun will be in long term so they invest buying NFT to mine more TLM and higher chance to get free tool but before they break even TLM and NFT price goes low.
I saw lots of such pumps and dumps happen in 2017 to 2018 especially during the ICO hype. Most took places when there romours that the token was getting listed in a big exchange like Binance or Bittrex and the dump as soon as it's listed. The innocent traders who would rush to buy the token due to FOMO would be left carrying bags of worthless tokens.
In bull market, people only think of profit and they don't mind of risks and losses.In reality, coins or tokens can rise 50x, 100x in the bull market but in the same market, some of coins or tokens can have /50, /100 in a few hours or days after they are listed on big exchanges. Pump to the Moon first but price does not stay at top for long. Few hours or few days later, price will be divided by multiple times.
I made same stupid faults four years ago and now when I looked back my past losses, I am happy that I've been still alive. It would have been an easier time for me if I had listened to warnings of senior people. This year, this bull market, many people will skip warnings of the others and they will regret. Of course I wish as many lucky investments and as less losses as possible for them.
TLM has been increased so much since it was first offered for the public. Back then, the price was 0.0021 for investors and right now, even it is 0.3$, it is still way more valuable (more than 12500% in increase). $6 is definitely an overpriced for this gaming coin. In trading or investing, if there are winners, there will also be losers.
Big traders and insiders have dumped their held coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to his ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
I agree with you. Hundred of opportunities are everywhere as long as we keep looking for it. Basically, managing your funds well and digging deep in various project will certainly give you wise decisions generating bigger profit
Big traders and insiders have dumped their held coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to his ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
They will understand how horrible the name TLM (Alien Worlds) is. Those who bought TLM (Alien Worlds) tokens for news of binance listing. It is normal that binance is currently a top exchange, when the news of which coins will be listed on this exchange, those coins pump huge. But after this coin was listed in binance, it was dumped in such a way that the condition of the traders who bought this coin has become much worse. This is the trap that inexperienced traders did not realize, which is why they are now facing huge losses.
It is obvious to dump even before they listed it. I don't know why some people still buy it on some exchange without doing any research on that coin. Some untrusted exchange listed that coin few days before binance that its price was more than $5. With their total supply of 10b it is really impossible to have that price. So when binance listed it, the original value of that coin was revelead. Another reason for that dump was because of their game Alien Worlds that gives TLM just by playing their game which has very simple mechanics, you just click "mine" and you can automatically earn TLM. The game started last year so early players managed to mine hundreds of TLM before binance listed it. Players already foresaw the dump so when trading was opened they also dumped their coins.
I saw lots of such pumps and dumps happen in 2017 to 2018 especially during the ICO hype. Most took places when there romours that the token was getting listed in a big exchange like Binance or Bittrex and the dump as soon as it's listed. The innocent traders who would rush to buy the token due to FOMO would be left carrying bags of worthless tokens.
In bull market, people only think of profit and they don't mind of risks and losses.In reality, coins or tokens can rise 50x, 100x in the bull market but in the same market, some of coins or tokens can have /50, /100 in a few hours or days after they are listed on big exchanges. Pump to the Moon first but price does not stay at top for long. Few hours or few days later, price will be divided by multiple times.
I made same stupid faults four years ago and now when I looked back my past losses, I am happy that I've been still alive. It would have been an easier time for me if I had listened to warnings of senior people. This year, this bull market, many people will skip warnings of the others and they will regret. Of course I wish as many lucky investments and as less losses as possible for them.
They will understand how horrible the name TLM (Alien Worlds) is. Those who bought TLM (Alien Worlds) tokens for news of binance listing. It is normal that binance is currently a top exchange, when the news of which coins will be listed on this exchange, those coins pump huge. But after this coin was listed in binance, it was dumped in such a way that the condition of the traders who bought this coin has become much worse. This is the trap that inexperienced traders did not realize, which is why they are now facing huge losses.
Big traders and insiders have dumped their held coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to his ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
Is this something new? I guess not, the issue here is that people never ever learn when a certain coin does have the chance to get listed on a top exchange where those impressions Big traders and insiders have dumped their held coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to his ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
that they do believe that it would pump out even more after gets listed.If we do tend to look that long red dump candle then you can say that those who had accumulated TLM
into those early days had released off their bags and its just normal and to those who got pumped or boost up or the feel of fomo'ed then they are the ones who get
themselves caught in the dump.For potential pumps then this one does have the chance but its not guaranteed.
During this bullish trend there are still people who prey those who seek profit or investors and since it's bullish trend, more people are thinking that a new coin would pump then reach a new ATH but little did they know this already happened in the past. If they remember about the ICO hype before in 2017 I wonder if they would still be a victim with this kind of crap pump and dump scam-tactics.
I'm sure more of this kind of token would be presented in Binance exchange soon as they were about to get listed then I would expect a quick dump after it gets listed. I don't know why people hasn't learn anything from the past mistakes of the others when it is clearly a strategy to empty your funds in a minute.
I'm sure more of this kind of token would be presented in Binance exchange soon as they were about to get listed then I would expect a quick dump after it gets listed. I don't know why people hasn't learn anything from the past mistakes of the others when it is clearly a strategy to empty your funds in a minute.
Traders ought to stay woke.
I saw lots of such pumps and dumps happen in 2017 to 2018 especially during the ICO hype. Most took places when there romours that the token was getting listed in a big exchange like Binance or Bittrex and the dump as soon as it's listed. The innocent traders who would rush to buy the token due to FOMO would be left carrying bags of worthless tokens.
The above chart is a clear example of pure manipulation and a pump and dump scheme.
I saw lots of such pumps and dumps happen in 2017 to 2018 especially during the ICO hype. Most took places when there romours that the token was getting listed in a big exchange like Binance or Bittrex and the dump as soon as it's listed. The innocent traders who would rush to buy the token due to FOMO would be left carrying bags of worthless tokens.
The above chart is a clear example of pure manipulation and a pump and dump scheme.
I can guess that you have given the TLM chart from the MCX exchange. It was this exchange that decided to make the first listing of this coin, after the announcement of Binance about holding a Launchpool for TLM. From the first day of trading on MCX, the team said that this listing is unofficial and they do not bear any responsibility for it. And is such a $ 8 price to be expected from a coin when the presale price was at $0.003 per TLM? How can a game coin with a maximum stock of 10 billion pieces increase in price after listing by 250,000% ?
They will understand how horrible the name TLM (Alien Worlds) is. Those who bought TLM (Alien Worlds) tokens for news of binance listing. It is normal that binance is currently a top exchange, when the news of which coins will be listed on this exchange, those coins pump huge. But after this coin was listed in binance, it was dumped in such a way that the condition of the traders who bought this coin has become much worse. This is the trap that inexperienced traders did not realize, which is why they are now facing huge losses.
in fact almost all of us cannot tell which coin really has a good potential for the long term. most of these days are manipulated to enter the Binance exchange, thus justifying it in one way or another. and the impact is very dangerous for small traders who expect big profits instead of big losses, because they think every coin that has been listed on Binance is 100% the best coin for the long term.so Binance needs to be even more stringent to enforce the recruits on the list there.
They will understand how horrible the name TLM (Alien Worlds) is. Those who bought TLM (Alien Worlds) tokens for news of binance listing. It is normal that binance is currently a top exchange, when the news of which coins will be listed on this exchange, those coins pump huge. But after this coin was listed in binance, it was dumped in such a way that the condition of the traders who bought this coin has become much worse. This is the trap that inexperienced traders did not realize, which is why they are now facing huge losses.
Big traders and insiders have dumped their hold coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to its ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
Big traders and insiders have dumped their hold coins to retail traders, which is certainly a pre-planned activity. I don't know if this coin will ever go to its ath. Stay away from tempting offers to keep yourself safe. If you miss an opportunity in the crypto market, one hundred more opportunities will be created for you. If you are smart enough, no one will be able to misuse your emotions to serve their interests.
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