Post
Topic
Board Marketplace (Altcoins)
Re: How can I protect the coin from Pumps
by
armenmerikyan
on 05/05/2021, 17:13:31 UTC
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The dump happened by an early buy and it pumped again the early buyer was slowly draining all the new buyers. it was some kind of bot I think, this is what the entire chart looks like.
Wait. What is the tokens market cap? It would only take a few investors to dump on everyone if the marketcap and trading volume is too low. It looks like the token doesn't really have enough buyers to support the price.

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I was just trying to protect the buyers from the 180000% pump it got.

I gave all the late buyers 10x their coins but that didn't fix the problem they just dumped more coins
If it was a legitimate purchase then you cannot do anything if some pump and dump groups does it to your token.

What were you thinking when you gave them more coins? Were you expecting them to hold on to it?  Of course they would sell them instantly to recover losses or to gain a little.

You don't compensate buyers by giving them tokens just like that. You create a product that will attract new investors. You can also offer buy back and burn mechanisms to help reduce inflation and increase token demand.


We have a real product, we teach people how buy crypto, the first crypto they buy as a test and learning platform is browniecoin. The business plan works, I was not expecting a 180000% pump on day one.