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#RAVE Explosive 40x Surge, Catching the Wave
Is this a big opportunity?
Let me explain in plain language how they cut the leeks, similar to #siren #sto's tactics:
Step 1: Receive enough chips, with a very high control rate, collaborating in advance with some KOLs
Step 2: Gradually build up contract long positions, while the spot price rapidly surges 10 times in a very short period, until the fee rate exceeds an annualized negative 100%
The project is already in a deep bear market, bottomed out, the project team has collected enough chips, control rate exceeds 90%, liquidity is very thin, only a small amount of money is needed to push 10x or 20x in a very short time, and the existence of contracts further reduces the project team's capital requirements for manipulation. The price pump must be completed in a very short time to prevent leeks from getting low-priced chips.
Step 3: Start having KOLs promote together, creating hype, media spreading rumors, wildly increasing trading volume
Like RAVE with a market cap of 2.8 billion, creating a 6 billion trading volume
Faking FOMO illusions
Step 4: Begin to harvest gradually
Harvest the longs, continue to push the price up, until the leeks can't resist following, first killing all the short positions. Then, push the price while distributing tokens, and wear down the shorts with extremely high fees, currently annualized at -150%, which could go even higher, effectively earning the project’s longs an annualized interest of 150%.
Step 4: Total collapse and harvest
Project team closes longs, opens shorts
At this point, contract liquidity increases, allowing larger positions to be built
Strong projects perform oscillation distributions
Average projects directly smash chips through buy walls
Collapse.
The market shifts from showing off big profits to showing off losses… leaving retail investors with nothing but dust.
Then, the dog whales switch to another project.
I don’t recommend touching these project shorts; the market is fully manipulated, better at selling than buying. Unless you can get in early during their rise, but that window is very tight, and you might not get many chips, as they are all in the project team’s hands.
These are all liquidity traps. In a market manipulated by humans, the best strategy is not to trade.