Having personally experienced a painful lesson in new coin investment, I decided to share this case to serve as a warning to others.
【Event Review】
On January 12, 2026, a newly launched token caught my attention. After reviewing the white paper, the narrative setting was quite good, and I had the idea to participate in the initial mining. Without much thought, I jumped in.
What was the result?
When the coin first opened, the price slightly surged. I was still fantasizing that this might be the next dark horse. But in less than a few minutes, or even less than 30 minutes, the price plummeted straight down. Watching the K-line drop vertically from the peak to the bottom, the principal evaporated by over 90%. This is not investment; it’s purely a way for the manipulators to send funds to themselves.
【On-Chain Data Speculation】
Reflecting afterward, these rapid dumps have several typical features:
**Liquidity Trap**: The team likely pre-mined a large amount of tokens in advance, selling off when retail investors bought at high levels, or directly withdrew liquidity from the pool. Now, there’s no one left to buy in the trading pool, and selling is impossible. This is the most common tactic.
**Systematic Harvesting**: This kind of sudden dump at launch is not the first time. Large investors and bots have long set the trap, accumulating chips and escaping before ordinary retail investors rush in. Those who entered later are essentially catching the top of the market.
【Advice for Investors】
Currently, new coin projects are emerging endlessly, but risks are also rising sharply. Especially those projects that suddenly become popular, lacking time and historical verification, with opaque information. Blindly going all-in on new coins without thorough understanding is no different from gambling.
Before entering, it’s best to check on-chain large holder positions, liquidity lock contracts, team background, and other fundamentals. If these are unclear, it’s better to avoid. Protecting your principal always comes first.
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SelfCustodyIssues
· 2h ago
90% evaporation... Oh my, this is a replay of my last nightmare
Another classic example of a liquidity trap. Team pre-mining, bots snatching up tokens, retail investors holding the bag... there are only a few tricks, but someone always falls for them
What's the use of a pretty white paper? It's more reliable to watch the movements of big players on the chain
You can tell the writer has learned from past losses; this time the words are more honest... unlike those who cut the leeks and then pretend to be innocent
It only takes 30 minutes to crush someone; there's not a single day in the crypto world that is truly peaceful
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MissingSats
· 2h ago
I've seen this trick too many times. No matter how fancy the white paper is, you still have to look at on-chain data.
View OriginalReply0
MEV_Whisperer
· 2h ago
Damn, it's the same trick again. Someone always falls for it every time.
View OriginalReply0
MetaDreamer
· 2h ago
It's the same old trick again, pre-mining + withdrawing liquidity. I've seen this kind of thing too many times.
Having personally experienced a painful lesson in new coin investment, I decided to share this case to serve as a warning to others.
【Event Review】
On January 12, 2026, a newly launched token caught my attention. After reviewing the white paper, the narrative setting was quite good, and I had the idea to participate in the initial mining. Without much thought, I jumped in.
What was the result?
When the coin first opened, the price slightly surged. I was still fantasizing that this might be the next dark horse. But in less than a few minutes, or even less than 30 minutes, the price plummeted straight down. Watching the K-line drop vertically from the peak to the bottom, the principal evaporated by over 90%. This is not investment; it’s purely a way for the manipulators to send funds to themselves.
【On-Chain Data Speculation】
Reflecting afterward, these rapid dumps have several typical features:
**Liquidity Trap**: The team likely pre-mined a large amount of tokens in advance, selling off when retail investors bought at high levels, or directly withdrew liquidity from the pool. Now, there’s no one left to buy in the trading pool, and selling is impossible. This is the most common tactic.
**Systematic Harvesting**: This kind of sudden dump at launch is not the first time. Large investors and bots have long set the trap, accumulating chips and escaping before ordinary retail investors rush in. Those who entered later are essentially catching the top of the market.
【Advice for Investors】
Currently, new coin projects are emerging endlessly, but risks are also rising sharply. Especially those projects that suddenly become popular, lacking time and historical verification, with opaque information. Blindly going all-in on new coins without thorough understanding is no different from gambling.
Before entering, it’s best to check on-chain large holder positions, liquidity lock contracts, team background, and other fundamentals. If these are unclear, it’s better to avoid. Protecting your principal always comes first.