Post
Topic
Board Altcoin Discussion
Re: Will you invest in a token that makes it as top gainer twice in a row?
by
Ticdeneb
on 08/04/2025, 17:45:11 UTC
The appearance of a token in the top gainers list doesn't necessarily make it a good one, especially if it's a meme coin, as it's clearly a pump-and-dump token.

The appearance of a token twice in the top gainers list indicates that some whales are interested in the token and are buying large quantities to dump them later. Therefore, investing in these tokens is very risky.

If you're good at sniping, you can engage in some scalping to reap some profits and then escape before the dump.

I intend to use the scalping strategy since I'm not looking to HODL the $PASTERNAK token. Like I mentioned above, it is for the hot token event on BingX that requires me to make a trade within 72 hours.

Now that you mentioned it, I'm just going to scalp trade.