By tanzil2024 on Skatehive
source I often try some perpetual trading on Binance, and recently my portfolio doubled in around 1 month, then the shit hit the fan, and my single trade wiped out a lot of my profit. But it was a good lesson that I want to share with you. The most shocking thing is that this coin went from a price of $0.2 to $19 within a week, with an increase of more than 7000%, which is really abnormal in my observation. I know you can say it is a normal scenario in crypto but have you ever seen a scenario where a coin gains 300% and the next day again 300%, then next two days again more than 200% and 150%, and today, after touching 14 bucks yesterday, it increases another 40% to touch 19 bucks, which is really crazy. The crazy things that shocked the overall trend are pointed out in the following points that I did not expect to be such behavior from such a shit project. The 99.42% of the total supply is accumulated by the top 10 token holders, which is a pure scam coin with an industry-level manipu