I've seen through a phenomenon: cryptocurrencies that are built up solely on emotional hype tend to end up in a complete mess.



Reflecting on traditional market manipulators' tactics—accumulating positions, shaking out traders, pumping prices, and then dumping—each step is carefully timed because building positions costs money and takes time. Now? They just issue tokens directly, with almost zero cost. Using some funds to pump the price, public opinion follows suit and buys in, then a dump is executed to cash out and leave, only to turn around and issue the next token... The entire chain moves incredibly fast.

This is the most surreal part of the current market—thresholds are ridiculously low, yet the profits can be very thorough. Traditional manipulators still need to figure out how to induce more buying, but now issuers skip that step altogether, relying solely on hot topics and emotions. In simple terms, old tricks are dressed in new outfits, scaled up in size, faster in speed, with more and more participants involved.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
BlockchainWorkervip
· 01-14 13:15
After playing for so many years, I really can't see through this logic. Zero cost to directly issue tokens? Then those of us chasing hot topics are really fools. Emotion-driven trading repeatedly cutting in and out, when will we see projects with actual utility? Speaking of which, I just remembered, how are those few coins that followed the trend last year... I dare not check my wallet. A typical case of old wine in a new bottle, ten times faster, but also ten times more fools participating. Really, as long as there is public opinion, someone will take it on. The low threshold has become the biggest trap. Every time they say this time is different, but it still ends in failure...
View OriginalReply0
SnapshotStrikervip
· 01-13 15:57
I've been playing for so long and I'm really tired of it. A single scheme repeatedly scams new investors, and newbies keep coming in. Basically, it's just changing the coin name and starting over.
View OriginalReply0
FloorPriceWatchervip
· 01-13 08:48
Emotional trading is indeed damnable; it's always the same script, just with different coins. Exactly right, it can cut deeper with almost zero cost, much more efficient than traditional manipulators. Another air coin is about to be born, waiting for the bagholders to fill the pit. This is called putting old wine in new bottles, an accelerated version of cutting leeks. That's right, once the hype passes, it hits bottom, with no fundamental support. It's always the same routine; why do people still fall for it? Low threshold, fast speed, deep cuts—definitely a deadly weapon. Coins driven by public opinion hype never end well. I've seen through it long ago; emotional coins die the fastest. Releasing coins at zero cost is the biggest bug.
View OriginalReply0
MetaLord420vip
· 01-13 02:51
Really, I've seen too many of these coins. As soon as a hot topic emerges, someone rushes in, and then it's followed by a death spiral. The pump-and-dump cycle is much faster than before. Zero-cost coin issuance is truly a brilliant tactic. That's right, now it's all about emotional games. Whoever writes the most sensational copy wins. I just want to know when there will be some truly valuable projects, not all these schemes to cut leeks. I've seen through it long ago. It's always the same story, just different coin names.
View OriginalReply0
RugDocDetectivevip
· 01-13 02:51
It's really a speed-based money grab, ten times faster than traditional schemes. Only after losing money do you realize that emotional coins are all illusions. Low threshold is not an advantage, but a trap. It costs only a few dollars to issue a coin? Cash out and you lose half your life. Turn around and do it again, this business model is unbeatable. Seeing these tricks too often, I'm numb. When hot topics come together, people go crazy, and in the end, it's all the same routine. Speed = running fast, we are the safety net heroes. No one supervises or investigates, just openly and honestly ripping off. Old masks, new scripts, always you lose and I profit.
View OriginalReply0
BlockchainFoodievip
· 01-13 02:51
honestly this hits different... like watching a poorly seasoned dish get hyped up by food critics before everyone realizes it tastes like cardboard, ngl the zero-cost mint model is basically the ultimate rug recipe 💀
Reply0
DegenWhisperervip
· 01-13 02:49
I should have known earlier, every emotional coin is a scam, and some people still believe it --- That's it. In my opinion, the most outrageous part is that the cost of issuing tokens is zero; low barriers should be regulated --- Turning around to the next one again, this routine has killed so many small investors --- Speed is indeed fast; it’s even more ruthless than the whales when it comes to cutting, haha --- The scale is bigger now, and more retail investors are involved, which is inevitable --- Those who see through it but still play are really brave --- Traditional whales at least follow some rhythm; now they just dump directly, incredible --- Hot topics take off immediately, and the sell-offs are even faster; this trading is so comfortable --- Every time, the same story repeats, people still fall into the trap --- Zero barriers are the most terrifying; just issue tokens directly, thinking about it is despairing
View OriginalReply0
SignatureCollectorvip
· 01-13 02:46
The emotional market works like this: when the wind blows, rush in; when the wind stops, you're left standing there. One wave after another, cutting in at low cost—who wouldn't want to do this business? Once the hot topic passes, they directly dump the market; those with slow reactions end up losing out. Honestly, it's just the old trick of changing skins; low barriers to entry are the most frightening. Every time, someone says this time is different, but in the end, it's all the same unfinished ending.
View OriginalReply0
PonziWhisperervip
· 01-13 02:43
Emotional coins die the fastest. I finally understand this wave. The speed is incredible—issuing coins at zero cost and then dumping and running, looping repeatedly. It's the same old wine in a new bottle, but the cut is even harsher. Another bunch of people are about to take on this rotten order. Hot money comes in quickly and leaves just as fast, really pointless.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt