These days, the altcoins in the crypto world are going completely crazy, often pumping several times or dozens of times in a short period. RAVE, controlled by a whale, surged over tenfold in just a few days. Even though 90% of these pump-and-dump schemes end in collapse, countless aggressive gamblers still rush in to chase the next "RAVE myth."



Taking advantage of this frenzy, many project teams are directly harvesting profits. Take FF, which started at $0.07 in the early hours of the 11th, and within an hour, was violently pumped to $0.18, only to plummet sharply afterward. The current price is just $0.07786, trapping retail investors who chased the high and leaving them stuck at the bottom.

INX is even more outrageous. After doubling in price through a pump, the team immediately dumped tokens worth $400k, causing the price to halve instantly. They didn't even bother to pretend; on-chain data clearly shows the project team is just harvesting.

What's more ironic is that both are "star projects" that received massive funding—FF raised $20 million, and INX secured a top-tier financing of $65.3 million.

They should be focusing on building ecosystems and creating value for users, but instead, they rely on pump-and-dump schemes to lure and dump liquidity, showing a disgusting and ugly side of the industry.

Retail investors, stop dreaming of catching the next $RAVE . All these deliberately pumped altcoins are essentially traps set by whales. Only by protecting your principal, staying away from scam coins, and focusing on mainstream tokens like $BTC $ETH with solid prospects can you ensure long-term survival in the crypto space.
BTC-0.51%
ETH0.59%
RAVE-21.23%
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