2026-01-04 17:20:52

$RIVER this wave of market movement indeed has a sharp tongue—rising from $3.7 all the way to $19.47. The doubling rally attracted many retail investors to follow, but it quickly dropped back to $12.43, a nearly 40% decline, and is still continuing to dip, now down to $5.49. There are many complaints on the forums, and I’ve analyzed on-chain data; the logic behind this operation is quite worth discussing.

First, let's look at the valuation structure, which is the root of the problem. The current market cap is $244 million, but on-chain liquidity is only $119,410. How big is this gap? The fully diluted valuation reaches as high as $1.244 billion. What does this mean? — The valuation bubble is ridiculously large, and the liquidity simply cannot support the market cap. As soon as some funds start selling, the entire market could collapse. There are 22,330 addresses holding on-chain, and the number of participants looks considerable, but most retail investors actually bought at the top.

From a candlestick perspective, this rally lacks fundamental support. The increase from $3.7 to $19.47 is purely driven by capital, with a clear vacuum zone in the middle. On the 4-hour chart, both EMA25 and EMA21 are holding around $12, indicating short-term support is weakening. The STOCHRSI has fallen to around 15, appearing oversold, but in reality, this is a typical sign of a decline after capital exits.

Another key detail—this project conducted an exclusive TGE on the BSC chain. Despite such tight liquidity, it managed to rise fivefold. The logic behind this is quite clear: use a small amount of capital to create upward momentum, attract retail investors to chase the high, then reverse and dump. With a market cap of $244 million and such liquidity configuration, the risk level is quite high. For those considering entering, caution is advised.

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SadMoneyMeow

· 19h ago

It's the same old trick again, first hype it up and then crash it down, retail investors get the worst end of the deal.

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MEVHunterLucky

· 01-06 01:48

Liquidity is only 1.19 million but daring to pull 5x, this is textbook bait-and-switch, retail investors really should remember this lesson. --- All the top buyers are now eating spicy hotpot, this is the price of ignoring the fundamentals. --- A typical low-liquidity, high-market-cap scam, almost fell into it. --- I've seen many of these exclusive TGE projects on BSC. The gameplay is so simple and brutal: throw money in and run, retail investors are at the bottom. --- A valuation of 1.2 billion with only 119 thousand in liquidity, who came up with this? It’s basically saying "Come in quickly and get cut." --- Now I understand, the price increases driven by capital are worthless; it will just fall back to the original point. --- A few days ago, someone was hyping this coin. Now, I guess everyone’s silent. --- There are 22k addresses on-chain, probably 90% are trapped. That’s what you call high participation. --- This move is really ruthless; retail investors have truly become the final bagholders.

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CoffeeNFTrader

· 01-05 10:10

Same old trick, a liquidity pool so stingy, do you dare to take a fivefold increase? I think it's risky.

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memecoin_therapy

· 01-04 17:47

Another classic "accumulation - surge - dump" play, I'm already tired of seeing it How uncomfortable must the top buyers be right now

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SandwichVictim

· 01-04 17:40

It's the same old trick again; retail investors who buy in are always the last to know the truth.

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TokenToaster

· 01-04 17:37

It's the same old trick again, with liquidity so scarce yet still pulling five times the amount, a classic case of fleece retail investors. --- 22330 addresses sound like a lot, but they're all just retail investors, bagholders at the peak. --- Almost followed the trend, but after checking on-chain data I broke out in cold sweat—this bubble is indeed outrageous. --- Liquidity is only 1.19 million supporting a market cap of 244 million? Wake up, everyone, this is just the operator's ATM. --- Fund-driven without fundamentals, this isn't investing—it's gambling. Never mind, I'll just keep playing with my own stuff. --- Emm soared from 3.7 to 19 and then crashed to 5, taking a bunch of people along the way—so ruthless. --- Looking at this operation, I understand why the primary market in crypto always suffers heavy losses. --- On BSC, the only trick for exclusive TGE is this—devouring retail investors everywhere. --- For those still trying to catch the bottom, good luck to you all.

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SignatureLiquidator

· 01-04 17:25

It's the same old trick again: low liquidity and high market cap are just a trap, and retail investors are still trying to buy the dip.

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GateUser-44a00d6c

· 01-04 17:23

It's the same typical pump-and-dump tactic by the whales again. With such thin liquidity, they dare to push 5x. Truly impressive. The retail investors who bought the top must be suffering a lot, dropping from $19 to just over $5. How many people got liquidated? Looking at the on-chain data, it's clear that this is purely a game of funds, with no fundamental support—just a rhythm of cutting the leeks. Why does someone always rush in every time? It's really hard to guard against. How can every trash project on the BSC chain get listed? Where is the regulation? Next time I see such a coin with extremely low liquidity, I’ll just blacklist it. Can't play with this. By the way, who is this team? Such obvious dump tactics, and they still manage to be so arrogant. Learned a new trick to identify whale manipulations. Remembering this logic can help avoid falling into traps.

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