Post
Topic
Board Altcoin Discussion
Re: Ultra noob questions
by
JeromeTash
on 04/05/2025, 22:33:10 UTC
Based on the last pump contract address, can you also please confirm there was no 16,000% push in the price after the release, like how they showed it in the group?

Because I was there the whole time and I did not see anything like it.

Thanks again.
Don't get excited about those percentages, they don't matter even if they said 100,000% you will likely get nothing. Here is how it happens

The dev and insiders decide at which price the token starts to trade. Let say they start at $0.00000001 with a small liquidity pool, even a $100 or $1000 purchase by the insiders using their sniper bots all of a sudden makes the price go to $0.00001 in a single candle stick. On the charts rankings, you are already seeing, 99,900% rise. This is what they post. By the time you the common guys start buying because of excitement, they are already dumping it or you or even rug pulling.

Look at that chart of the token you are asking about and judge for yourself. Can you really buy and sell in those one minute chats?