Pump token crashes by 75% when the launch: Haie rely on empty sales and $ 500m Presale approval stirs up fears of catastrophic debut-Letsbonk continues to claim the lead
Pump token crashes by 75% when the launch: Haie rely on empty sales and $ 500m Presale approval stirs up fears of catastrophic debut-Letsbonk continues to claim the lead
pump token starts with a dramatic decline of 75%-effects of large investors and presale releases
When the pump token was introduced, a shocking decline of 75%. This massive devaluation is influenced by various factors, especially through the sales activities of large investors, also known as "whales" who have sold the token to a large extent. In addition, fears about the release of $ 500 million from the presale phase provided concerned reactions on the market.
The combination of speculative trade in the large investors and the price sensitivity After the release of Presale tokens, a catastrophic debut of the pump token has made it. This shows how strongly the market dynamics and the behavior of large investors can influence the price of a new tokens.
While the pump token is severely affected by these developments, Letsbonk remains the leader in the cryptocurrency landscape. The situation around the pump token illustrates the volatility of the market and the risks for private investors who want to invest in new digital currencies. It remains to be seen how the pump token will develop in the coming days and weeks and whether it can recover from this setback.
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