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I'm having a hard time imagining who they dumped it on. Like, who bought all of those tokens? Imagine buying Reddit coins, it reminds me of the "bingus token" m
by mardifoufs 3y ago
I'm having a hard time imagining who they dumped it on. Like, who bought all of those tokens? Imagine buying Reddit coins, it reminds me of the "bingus token" meme.
- mertd 3y agoThey are no different than the people who bought before them. They just couldn't find a greater fool this time.
- kylebenzle 3y agoDifference is the Mods were able to control the source of Moons they got for free then sold to people paying cash. Its a typical crypto scam bu with the extra step of reddi in between.
- omneity 3y agoUsually there's a liquidity pool which acts like a self-service market maker (see Uniswap for details on how it works). Unless everyone pulls their stake from the liquidity pool (it's the same "pull" in rugpull), there is always a counterparty to any sell/buy position.