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RE: LeoThread 2024-12-05 08:38

in LeoFinancelast month

Part 5/8:

Identifying current trends, often surfacing on social platforms like TikTok, can enhance a coin's appeal. The narrative suggests that budding developers should tap into what is culturally relevant at the moment to ensure their meme coin resonates with potential investors.

Bundling and Price Manipulation

One of the most concerning strategies discussed is the bundling of transactions, allowing developers to manipulate the initial buy-in activity. By creating multiple wallets and executing synchronized buys in close timeframes, the presenter suggests this can establish a facade of demand and traction, encouraging others to invest. Such practices are misleading and exploit the naivety of average retail investors.

The Risks of Rug Pulls