Some whales like this pump and dump game, so they are looking for moribund coins to pump and dispose of them. This is what makes many people deceived by this game because they don't know the plans of the people who do the pumping. They could only keep up and in the end, it would be them who would lose.
This has already happened before and the whales have nothing to lose here because this is more likely their game they have a high chance of winning in this kind of situation because they are used to it for the past years. They know exactly what they are doing and they will gonna sell their holdings one after another you can see this kind of scenario when you look at Doge coins and their likes because these kinds of coins are the ones that are always pumping and then suddenly fall after a moment of increasing their prices. poor newbie investors, if they see the hype will gonna join thinking it is real when it is just baiting to lure them to buy those coins at their high price.
Dogecoin is a clear example that has become a game for whales, apart from other coins we have encountered. The whales could so easily shake the moribund coins in the market that traders wondered what was behind the pumping. But if traders and investors can think and look for other information quickly and even ask the project team, they can see nothing is interesting about the project so the pumping is just a way to find targets so that the whales can make big profits.
Yep, in the end, this condition is still the same as before because indeed some coins that die in the end will only become coins which are indeed one of the things that are used as pump and dump gambling.
Some of us may be happy with this because we can still take advantage of the momentum when we are in the initial entry but we must be aware that this condition will not always be profitable and it is advisable not to do something like this in their current condition.
Some whales like this pump and dump game, so they are looking for moribund coins to pump and dispose of them. This is what makes many people deceived by this game because they don't know the plans of the people who do the pumping. They could only keep up and in the end, it would be them who would lose.
And if we want to keep up with the pump of the dying coin, we must remember that once we can get a decent profit, we have to get out of the game immediately and never try to chase profits again. That can make us experience big losses. We also must know not to use all our money because that is a big risk.
We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.
There have been many examples of this and even if I see some meme coins like this even I have seen it since a few years before with many complaining but they have never been deterred by something like this.
We are not whales but can follow the pattern they will use because so far, the patterns are almost similar and when we can identify the pattern, at least we will know that the pumping happening in the market is just engineering by the whales. And we don't need to follow it but just see how many people will be exposed to such deception. And the current situation, where many people who want to benefit from the crypto market make them try to find and keep up with the pumping that sometimes occurs in the market. But not many people can benefit from the market because some are losing. After all, they have bought at the peak of the price.