This is every chart in memecoins this week
Here is how this scam works:
1. Find a dead coin with no volume and a somewhat ok narrative
2. Use undoxxed wallets to bundle the supply while no one is looking
3. Around $20k mcap start buying from massively tracked public wallets which brings in massive volume as people buy into the casino chart that has been going only up
4. Shill on stream/X/Telegram and push it to bond which then brings in the final amount of volume
5. Start selling from side wallets into the new volume enough to maintain the bond price but not drop price too aggressively
6. Sell from public wallets after done selling from sides
This is the current state of the trenches and I have made money every single day and very rarely lose a trade because I know how to spot and avoid scam charts