Why is nobody talking about this whale bot that has seemingly infinite IFT tokens, dumping them 10, 20, 50 a time. It's been going on for weeks. I couldn't even guess how many have been sold this way. Millions? So shady, makes me want nothing to do with this.
Second person I've seen today speak about that bot buying and dumping $IFT. Someone mentioned it on Twitter earlier today. Don't know who's behind it, but I don't think the $IFT dev team has any incentive in doing so.

And a regular rich person have also no incentive in doing it, so its also out of the equation. The conclusion is that the main culprit would be a competitor, nobody else