Witnessed something wild today. A meme token hyped all over crypto circles hit a $3M peak—launched by its own creator, no less. Pulled $7M in volume but couldn't punch through resistance. Classic case of hype meeting reality. When founder-led tokens can't sustain momentum despite heavy trading, it's usually a red flag for bag holders.
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MissedTheBoat
· 12-05 03:03
Even the founder can't handle selling the products themselves, that's just ridiculous.
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DegenMcsleepless
· 12-05 03:02
Hmm... yet another story of a founder dumping their own tokens, the pattern is always the same.
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BearEatsAll
· 12-05 03:02
This is a typical founder self-indulgence project, and in the end, retail investors are the ones who have to take the blame.
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GasFeeTherapist
· 12-05 02:55
Same old story: the founder issues tokens themselves and then rugs. How long will it last this time?
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PuzzledScholar
· 12-05 02:52
Speaking of which, founders issuing their own tokens always end up getting stuck with them. We should be used to it by now.
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ChainComedian
· 12-05 02:41
Founders issuing their own tokens and pumping the price themselves—this trick is really old now, haha.
Witnessed something wild today. A meme token hyped all over crypto circles hit a $3M peak—launched by its own creator, no less. Pulled $7M in volume but couldn't punch through resistance. Classic case of hype meeting reality. When founder-led tokens can't sustain momentum despite heavy trading, it's usually a red flag for bag holders.